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Report

China private wealth report 2011

China private wealth report 2011

China's private banking industry: Competition is getting fierce

  • min read

Report

China private wealth report 2011
en

China will be home to more than half a million high-net-worth individuals (HNWIs) in 2011, nearly twice as many as in 2008. And while wealth creation remains their top objective, the safety of their assets is now their second highest concern. A Bain study shows HNWIs are shifting away from higher-risk wealth management products, but 81% also are diversifying into a wide range of investment types.

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