HSBC
Women The Driving Force In Chengdu’s Luxury Market (Jing Archives)
From the archives: The rising spending power of wealthier women has convinced many in the Chinese luxury industry that "the future is female." If this is the case, the future has already come to Chengdu. Read More-
More Chinese Companies Investing In Corporate Art
Mainland Chinese art collectors may still be somewhat new on the art scene, but in recent years another group of highly motivated, well-funded entrants has also joined the party: domestic Chinese companies looking to invest in corporate collections. Read More -
HSBC To Hire 300 For Mainland China Wealth Management Unit
With wealthy mainland Chinese looking for stable investments to diversify their assets beyond real estate or popular "portable" assets like art and jewelry, we're seeing more banks and investment firms starting to offer financial products geared toward this new but fast-growing investor demographic. Read More -
Valentino Eyes China Expansion In 2010
This week, Valentino Fashion Group CEO Stefano Sassi appears to have been heartened by figures that show Valentino sales increased at least 10 percent in December and January and has decided to pull the trigger on greater China investment. Read More -
HSBC Report: Men Key To Luxury Spending In China Today; Women Tomorrow
In the book "Luxury China: Market Opportunities and Potential," Chevalier and Lu note that the Chinese luxury business is still very much dominated by middle-aged men, most of whom splash out on high-priced luxury goods with the intention of giving them as gifts. However, as the authors point out, over time we can expect to see a gradual shift in power from male to female consumers. Read More
