Wealth in China: Sizing the wealth market in China and its growth potential
- Pages: 26
- Published: April 2016
- Report Code: ML00022-010
At the end of 2015, of the approximately 1.05 billion adults living in China 3.5% could be considered affluent.
Asset growth is expected to be strongest in the $10m+ asset band, which will record a CAGR of 14.1% between 2015 and 2019, compared to a CAGR of 8.8% for mass affluent individuals.
Deposits continue to dominate China’s retail investments market, but mutual fund holdings are forecast to grow at the fastest pace over the next five years.
Chinese high net worth (HNW) investors allocate a noteworthy proportion of their investable assets into non-traditional investments, mostly in direct property. However, this is expected to change thanks to the recent drop in property prices.
Scope
Sizes the affluent market (both by the number of individuals and the value of their liquid assets) using Verdict Financial’s proprietary datasets.
Analyzes which asset classes are favored by Chinese investors and how their preferences impact the growth of the total savings and investments market.
Examines HNW clients’ attitudes towards non-liquid investments, such as property and commodities.
Identifies key drivers and booking centers for offshore investments.
Reasons to buy
Who is considered affluent in China?How large is the Chinese wealth management market and what drives its performance?
What kind of investments do Chinese HNW individuals prefer?
What is the prognosis for wealth management in China?
Companies mentioned
None
Table of Contents
List of Tables
List of Figures
Pricing
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