Hong Kong trails Dubai, Singapore in list of destinations for the rich

Hong Kong ranks fourth globally as a destination for high net worth individuals (HNWIs) thanks to its robust business and economic fundamentals as well as its educational credentials, but trails perennial rival Singapore, according to a Savills study. Dubai took the top spot, followed by New York and then Singapore, with Abu Dhabi in fifth, the consultancy said in its inaugural HNWI Hotspot Index, released on Tuesday. The report analysed nearly 100 destinations on five metrics: business...