The world's largest private wealth storage vault

Hong Kong will become the world's largest private wealth storage vault, this is the view of UBS CEO Sergio Ermotti: Hong Kong's wealth management industry is growing at a steady rate of 7.6% per year, and this trend indicates that by 2027, the total amount of wealth it manages will exceed Switzerland and become the world's first.

Currently, the order of the places with the most private wealth in the world is, first Switzerland, 2.4 trillion US dollars, second Hong Kong, 2.2 trillion US dollars, third Singapore, 1.5 trillion.

By 2027, Hong Kong will reach 3.1 trillion US dollars, exceeding the second place Switzerland by 2.8 trillion. Singapore increased to 2.3 trillion.

Why is this so? Because Switzerland gave up the neutral unit, many people are afraid that they will be messed up next time, so they are ready to transfer their money to a safer and more flexible place, that is Hong Kong.

A safe place is not a place with many nuclear weapons, but a place with nuclear weapons, but a neutral foreign policy, such as China.

The United States and Russia, which have the most nuclear warheads, are not the world's largest private wealth storage vaults, because the more nuclear weapons, the higher the probability of being attacked by nuclear bombs.

On the contrary, China has a few nuclear weapons with secondary strike capability, but its diplomacy adheres to the principle of "non-interference in other people's internal affairs, peaceful coexistence, and a community of shared destiny". Therefore, if we don't attack others, others will not dare to attack us. Therefore, all the private wealth in the world has fled to Hong Kong to hide in the "air-raid shelter", and the Hong Kong dollar is pegged to the US dollar, and the same maritime law as the United Kingdom and the United States is adopted.

Switzerland sanctioned Russia and froze part of Russia's assets, but lost its status as the world's largest private safe. Singapore wants to replace it, but its national strength is not enough. Therefore, the oil king and European and American tycoons are optimistic about Hong Kong, which is convenient for bilingual work in Chinese and English.

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