Hong Kong is attracting professionals back to the city after years of departures triggered by political and social unrest in 2019 and some of the world's strictest COVID-19 restrictions, as a booming initial public offering market strengthens its position as a global financial centre.
The city has regained prominence after overtaking Switzerland as the world's leading cross-border wealth hub. Total funds raised in Hong Kong, including IPOs, surged 76% year-on-year to about $83.5 billion in the first eight months of 2026, according to Reuters.
