wealth management

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

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

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

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

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

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

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