Two of Asia’s biggest money hubs are in a tug-of-war to woo the wealthy. And while "crazy rich" Asians are giving Singapore new bragging rights, others say Hong Kong still has an edge as the go-to city for tycoons to stash their cash. Hong Kong has typically been Chinese billionaires’ better bet, but its pandemic woes and political strife have spooked some fortunes enough to set up shop further south. Is Singapore the flashy new hub for Asia’s well-to-do? Or do the big bucks still stop in Hong Kong with its proximity to mainland China? Bloomberg Intelligence senior analyst Sharnie Wong follows the money with hosts John Lee and Tom Corbett on the Asia Centric Podcast.
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Asia Centric by Bloomberg Intelligence