Hong Kong funds raised surge 76% to $83.5 billion in eight months of 2026

Financial professionals are returning to Hong Kong after years of departures caused by political and social unrest in 2019 followed by strict COVID-19 restrictions. The city now serves as the world's leading cross-border wealth hub, having surpassed Switzerland in that category. Total funds raised in Hong Kong, including initial public offerings, surged 76% year-on-year to approximately $83.5 billion during the first eight months of 2026. Over 400 companies established local entities or expanded operations in the city during the first six months of 2026, representing a 9% increase compared to the previous year. Executive search firms are observing increased interest from finance professionals relocating from Singapore, London, Dubai, and mainland China. Demand is concentrated within wealth management and businesses focused on China. Financial services remain central to hiring revivals, particularly in asset management, private wealth, and family offices. There is also rising demand for expertise in artificial intelligence, compliance, and risk management.