Summary

China is expected to become the largest economy in the world by 2020. This report provides historical trends and projections of the volume and wealth of China’s UHNWIs by city and sector. The report also reviews these findings in an analysis of China’s Wealth Management and Private Banking sector, and the opportunities therein.

Scope

The report features:
• Independent market sizing of China’s UHNWI
• Most up to date and thorough analysis of the demographic breakdown of China’s UHNWI, including city and sector specific data
• Volume and wealth trends from 2007 to 2011 • Volume and wealth forecasts to 2015
• Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in China
• City specific ratings
• Current insights into the drivers of HNWI wealth
• Family office information

Key Highlights

• In 2011, there are 7,905 UHNWIs in China who, together, hold a total of US$1.1 trillion in wealth. UHNWI volumes increased by a significant 59% between 2007 and 2011, while wealth grew by 61% during the period.
• Going forward, the number of Chinese UHNWIs will increase by 76% to reach 13,881 individuals by 2015 with UHNWI wealth rising to US$2.1 trillion.
• The wealth of UHNWIs in Chongqing, grew by the largest margin (78%) over the review period from 2007 to 2011, followed by Chengdu, Fuzhou, Wuhan and Hangzhou. Shanghai and Beijing UHNWI wealth increased at lower rates of 29% and 21% respectively over the four year period.
• WealthInsight Ratings: Hangzhou should be at the top of the list for anyone looking to build a thriving wealth business in China. Wuhan, Chongqing, Chengdu and Fuzhou round out the top five, each presenting unique opportunities and huge market potential for the wealth industry.

Ultra HNWIs in China

Published: January 2012
No.OF Pages: 88
Price: Single User License – US$ 3495      Corporate User License US$ 5295

Table of Contents
1 Introduction
What is this Report About?
1.1 Political Background of the Wealth Sector
1.2 Economic Background to the Wealth Sector
1.3 Benchmarking Chinese Wealth in Context
1.3.1 Distribution of wealth
2 Findings from the WealthInsight UHNWI Database
2.1 UHNWI volume trend analysis
2.2 UHNWI wealth trend analysis
2.3 UHNWI per-capita net worth trend analysis
2.4 Demographic breakdown of Chinese UHNWIs
2.4.1 Demographic breakdown of Chinese UHNWIs by age
2.4.2 Source of wealth
2.4.3 Inherited vs earned vs self-made
2.4.4 Job titles of UHNWIs
2.4.5 Region
2.4.6 Industry, forecasts and analysis
2.4.7 Sector forecasts to 2015
2.4.8 Geographic analysis of UHNWIs by industry
2.4.9 WealthInsight’s wealth sector opportunity rankings
3 Competitive Landscape of the Wealth Sector
3.1 Competitive Structure
3.2 Wealth Management and Private Banking Industry – A Paradigm Shift
3.3 Wealth Management and Private Banking Industry – Competitive Structure
3.4 Wealth Managers and Private Banks
3.4.1 Wealth managers
3.4.2 Private banks
3.4.3 Foreign banks and MNCs
3.4.4 Joint ventures
3.4.5 Domestic providers
3.4.6 Trusts
3.5 Leading Companies in the Wealth Management and Private Banking Industry
3.6 Family Offices
3.6.1 Multi-family offices
3.6.2 Single-family offices
3.7 Offshore Wealth Management and Private Banking Industry
3.8 China Wealth Management and Private Banking Industry – Behavioral Mapping
3.9 Challenges and Opportunities for the Wealth Sector in China
3.9.1 Regulatory Environment
3.9.2 Tax
3.9.3 Human capital
3.9.4 Move away from self-management
3.9.5 Underdeveloped product offerings
3.9.6 Demand for intergenerational wealth transfer and younger clientele
3.9.7 Philanthropy
3.9.8 Business development the Chinese way
4 Appendix
4.1 Pertinent Regulations
4.1.1 Regulations on banks
4.1.2 Regulations on foreign direct investment
4.1.3 Regulations on wealth management
4.1.4 Regulations on offshore investment
4.1.5 Regulations on foreign investment in China
4.1.6 Regulations on leveraged buyouts and mergers and acquisitions
4.1.7 Regulations on hedge funds and derivatives
4.1.8 Regulations on private equity investment
4.2 Key Economic Trends and Drivers
4.2.1 Renminbi to US dollar moving annual average exchange rate
4.2.2 Real GDP growth
4.2.3 Per-capita GDP
4.2.4 Gross savings rate as a percentage of GDP
4.2.5 Domestic Market Capitalization
4.2.6 Housing price index
4.2.7 Commodity index
4.2.8 Foreign direct investment
4.2.9 Investments of FIIs in equity products
4.2.10 Inflation rate
4.2.11 Repo rate
4.2.12 Balance of payments
4.2.13 Stock market performance
4.2.14 Fiscal position
4.2.15 HNWI wealth vs GDP
4.2.16 Capital formation as a percentage of GDP
4.2.17 Disposable income as a percentage of GDP
4.3 Supplementary Regional and Sector Specific Figures
5 About WealthInsight

List of Tables & Figures