One in seven in Hong Kong is a millionaire as property and stock market rallies boost wealth

One in seven in Hong Kong is a millionaire as property and stock market rallies boost wealth
Hong Kong had a million millionaires last year, up 15 per cent from a year earlier, 68,000 of whom have at least HK$10 million (US$1.27 million), according to a Citibank study released on Thursday. The study defines millionaires as those with liquid assets – deposits, mutual funds and stocks and bonds ...