< /p> Swiss Poly Bank released the "2018 Asian Wealth Report" yesterday. Shanghai once again surpassed Hong Kong and became the most expensive city in Asia this year.(Bloomberg)

A survey found that Shanghai surpassed Hong Kong again and became the most expensive city in Asia this year.Singapore and Hong Kong ranked second and third respectively.

Switzerland Poly Bank released the "2018 Asian Wealth Report" yesterday to discuss the high -end consumption trend of net high -assets in Asia.The report tracks a total of 22 commodity prices in 11 cities in Asia.It was found that at the US dollar, the Swiss Baodao High -end Life Index increased by 2.91%as a whole, and the largest annual increase since the index was founded.The index has maintained an upward trend since its launch eight years ago, showing that Asian consumers have a strong demand for high -end goods and services.

Based on price weighted calculations, Shanghai has pressed Hong Kong to become the most expensive city in Asia.Comprehensive calculation, Shanghai's high -end goods and services prices increased by 4.8%in the US dollar, higher than the overall increase of the index.In addition, six index projects are the most expensive in Shanghai, including hospitalization, watch, lady handbags, wine, jewelry and skin care products.

Hong Kong ranking third

Due to the stronger New Yuan, Singapore's ranking this year has risen from third to second.Hong Kong dropped from the first place last year to third.

However, the report pointed out that Hong Kong is still the highest -cost city in buying residential properties and riding business class.Although the first rate hike in Hong Kong in October this year, the increase in borrowing costs will affect the property of home business, and the increase in capital interest rates constitutes a downward pressure on asset prices.It is expected that real estate prices in Hong Kong will not fall sharply.

Kuala Lumpur, the capital of Malaysia, is still the cheapest city in Asia. It is the first choice for buying piano, enjoying cigars or top accommodation.Of the 22 index projects, six are the cheapest in Kuala Lumpur, including residential, hotel suite, jewelry, piano, wine and cars.

Bhaskar Laxminarayan, director of investment management and director of investment management department, said at a press conference yesterday that China contributed one of the three copies of global luxury sales.Although China's economic growth is slowing down, the growth is still at a good level. It is expected that the long -term growth trend of China's luxury market will not change.

He said: Although China's economic growth has slowed down, it is still a very, very good growth rate. In essence, the GDP has increased at a rate of 6%, which is a good growth.I don't think this trend will slow down. It may be a little cooling year -on -year, but China's consumption trend has always been up.

According to the definition of Switzerland, a net worth of high assets refers to people who have $ 1 million or more than more than a net asset (excluding its property as the main residence).The survey data was collected from June 2017 to July 2018.

Asia's most expensive city list, Singapore, Singapore, rose to Page 24 of the second journal