An IMGW News Report
Smart money, as the saying goes, is pulling out of China. The country’s millionaires and billionaires are emigrating in record numbers, with 2024 likely to see an outflow of 15,200 such individuals, according to Henley & Partners, a prominent investment migration firm. This figure is approximately 10% higher than 2023’s outflow of 13,800. Additionally, around 500 high-net-worth individuals are expected to leave Hong Kong, further increasing the total outflow.
