wealth management
China’s Rich Invest Trillions In Wealth Management Products
China's wealthy aren't just pouring money into the art market, international real estate, yachts and private aviation, wine and jewelry, they're investing heavily in wealth management products (WMPs), according to a new survey released this week. Read More
Priorities For Rich In Shanghai: Wealth Management, Art & Philanthropy
According to the recent "Shanghai Wealth Report 2012," published by the Hurun Report and Australia's Gao Fu Wealth Management, Shanghai, mainland China's financial center and a rising star on the global business scene, now has 370,000 residents worth at least 6 million yuan (US$949,710). Read More
Will Art Financing Make Its Way To China’s New Collectors?
Not all of China's aspiring new collectors can afford to drop millions at auction on a Zeng Fanzhi painting, and in response to growing demand we've seen new art-focused financial services offer investors of more modest means a chance to get involved in the art world. Read More-
Art Funds In China Succeeding Where Western Funds Have Fallen Short
Chinese art funds, which solely focus on collecting traditional and contemporary Chinese art, are performing better than many of their Western peers, which tend to ignore Asian art altogether. Read More -
Hedging Their Bets: What China’s Millionaires Are Buying (Jing Archives)
From the archives: It’s no surprise that companies are bending over backwards to find out what drives the estimated 825,000 people worth over 10 million RMB (US$1.46 million) and 51,000 individuals worth over 100 million RMB (US$14.64) to make purchases. 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 -
Overseas Recruitment Shows China’s Wealth Management Industry Expanding Quickly
Demand for wealth management services, a relatively new financial sector in Mainland China, is growing quickly as more wealthy individuals become increasingly conscientious of the effects of global fluctuations on their savings. Read More
