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Hong Kong investors triple gold holdings in rush to haven asset, HSBC survey finds
By Cao Li
South China Morning Post, Hong Kong
Thursday, July 3, 2025
Affluent investors in Hong Kong have nearly tripled their allocation to gold amid economic and geopolitical uncertainties, according to an HSBC survey.
Individual investors in the city with US$100,000 to US$2 million in investible assets had allocated 11% of their portfolios to gold and other precious metals, up from 4% a year ago, according to the survey, published Thursday.
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On the mainland, wealthy investors had increased their gold holdings to 15%, compared with 7% a year earlier.
The trend mirrors that of their global peers, with their share of investments in gold rising by 6% to 11% over the past year. ...
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