Hong Kong the Second Most Expensive City in the World, According to Report

HSBC Bank HQ, Cheung Kong Building, and Bank of China, Hong Kong from Statute Square, Des Voeux Road, Central Hong Kong, on Dec. 24, 2023. Bill Cox/The Epoch Times

The “Global Wealth and Lifestyle Report 2024,” recently released by the Julius Baer Group, shows that Hong Kong’s global ranking rose from third to second, while its real estate prices remain the second highest in the world. It is also the most expensive city to hire a lawyer.

London has returned to the top three, and Shanghai dropped from two to number four.