Synopsis
This report is a thorough analysis of China's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces.
Scope
• Independent market sizing of China HNWIs across five wealth bands
• HNWI volume and wealth trends from 2010 to 2014
• HNWI volume and wealth forecasts to 2019
• HNWI and UHNWI asset allocations across 13 asset classes
• Number of UHNWIs in each state and all major cities
• Fastest growing cities and states for UHNWIs (2010-2014)
• Insights into the drivers of HNWI wealth
Summary
• This report is the result of WealthInsights extensive research covering the high net worth individual (HNWI) population and wealth management market in China.
• The report focuses on HNWI performance between the end of 2010 and the end of 2014. This enables us to determine how well the country's HNWIs have performed through the crisis.
Reasons To Buy
• The Challenges and Opportunities for the Wealth Sector in China 2015 is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world.
• With the wealth reports as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.
• Report includes comprehensive forecasts to 2019.
Key highlights
• Chinese HNWIs held 19.9% (US$963.8 billion) of their wealth outside their home country at the end of 2014, which is below the worldwide average of 20–30%.
• WealthInsight expects foreign asset holdings to increase to US$1.7 trillion by 2019, accounting for 18.2 % of total HNWI assets.
• In 2014, the Asia-Pacific region accounted for 65.2% of Chinese HNWIs foreign assets.
• This was followed by North America with 10.2%, South America with 9.3%, Europe with 7.1%, the Middle East with 4.3% and Africa with 3.9%.
• Chinese HNWI allocations to South America increased compared with other regions during the review period, going from 5.9% in 2010 to 9.3% in 2014. The Asia-Pacific was also an emerging region in terms of global investments.
• HNWIs are expected to further increase their levels of investment in South America over the forecast period, to reach 11.6% of foreign HNWI assets by 2019, with investments increasingly being diverted to emerging economies.
Table Of Contents
1 Introduction
1.1 Details of this Report
1.2 Definitions
2 Executive Summary
3 Wealth Sector Fundamentals
3.1 Political Background
3.2 Economic Background
3.3 Benchmarking Chinese Wealth in Context
3.3.1 Distribution of wealth in China
3.4 HNWI Volume and Wealth Trends
4 Competitive Landscape of the Wealth Sector
4.1 Competitive Landscape
4.1.1 Domestic private banks
4.1.2 Foreign private banks
4.1.3 Wealth managers
4.1.4 Family offices
4.1.5 Financial advisors
4.2 Chinese Wealth Management Industry - Clientele Model and Maturity
4.3 Behavioral Mapping of Wealth Management and Private Banking in China
5 Appendix
5.1 Additional Components of the Wealth Sector in China
5.1.1 Philanthropy
5.2 Tax Regulations
5.3 Regulations Related to Immigration, Investment and Employment
5.4 Key Drivers
5.4.1 CNY to US$ exchange rate
5.4.2 Real GDP growth
5.4.3 Per capita GDP
5.4.4 Domestic market capitalization
5.4.5 Commodity index
5.4.6 Foreign direct investments - inflow and outflow
5.4.7 Inflation rate
5.4.8 Interest rate
5.4.9 Balance of payments
5.4.10 Government debt
5.4.11 Stock market performance
5.5 Wealth Breakdowns
6 About WealthInsight
List Of Tables
Table 1: HNWI Wealth Band and Group Definitions
Table 2: Regions in China by Population (Volume), 2014
Table 3: Leading Domestic Private Banks in China by local AuM (US$ Million), 2014
Table 4: Leading Foreign Private Banks in China by local AuM (US$ Million), 2014
Table 5: Leading Wealth Managers in China by AuM (US$m), 2014
Table 6: Chinese Income Tax Bands (RM), 2014-2014
Table 7: CNY per US$ Exchange Rate, 2010-2019
Table 8: Chinese Real GDP Growth (%), 2010-2019
Table 9: Chinese GDP per Capita (US$), 2010-2019
Table 10: Chinese Domestic Market Capitalization (US$ Billion), 2010-2014
Table 11: Chinese Commodity Indices, 2010-2019
Table 12: Chinese Foreign Direct Investment (US$ Billion), 2007-2011
Table 13: Chinese Inflation Rate (%), 2010-2019
Table 14: Chinese Money Market Rate (%), 2010-2019
Table 15: Chinese Balance of Payments (US$ Billion), 2010-2014
Table 16: Chinese Government Debt as a Percentage of GDP, 2010-2019
Table 17: Chinese Stock Market Performance, 2010-2014
Table 18: Chinese HNWI Wealth vs GDP Ratio, 2010-2019
Table 19: China - Appendix One
Table 20: China - Appendix Two
List Of Figures
Figure 1: HNWI Wealth Band Definitions
Figure 2: Map of China
Figure 3: Chinese Asset Price Performance (%), 2010-2014
Figure 4: Chinese HNWI Performance (US$ Billions and HNWI Volume), 2010-2019
Figure 5: Chinese vs Global HNWIs (%), 2010-2019
Figure 6: Chinese Wealth Management Industry - Maturity Level of Operators, 2014
Figure 7: Chinese Wealth Management Industry Behavioral Mapping, 2014
Figure 8: CNY to US$ Exchange Rate, 2010-2019
Figure 9: Chinese Real GDP Growth (%), 2010-2019
Figure 10: Chinese GDP per Capita (US$), 2010-2019
Figure 11: Chinese Domestic Market Capitalization (US$ Billion), 2010-2014
Figure 12: Chinese Commodity Indices, 2010-2019
Figure 13: Chinese Foreign Direct Investment (US$ Billion), 2007-2011
Figure 14: Chinese Inflation Rate (%), 2010-2019
Figure 15: Chinese Money Market Rate (%), 2010-2019
Figure 16: Chinese Balance of Payments (US$ Billion), 2010-2014
Figure 17: Chinese Government Debt as a Percentage of GDP, 2010-2019
Figure 18: Chinese Stock Market Performance, 2010-2014
Figure 19: Chinese HNWI Wealth vs GDP Ratio, 2010-2019
Figure 20: Chinese HNWIs - Volume by Wealth Band, 2010-2019
Figure 21: Chinese HNWIs - Wealth by Wealth Band (US$ Billion), 2010-2019
Figure 22: Chinese HNWIs - Wealth per Capita (US$ Million), 2010-2019
