China Wealth Report 2016

Published: Nov, 2016 | Pages: 88 | Publisher: WealthInsight
Industry: Wealth Management | Report Format: Electronic (PDF)

Synopsis

This report reviews the performance and asset allocations of HNWIs and ultra-HNWIs in China. It also includes an evaluation of the local wealth management market.	

Summary

This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in China.

Scope

• Independent market sizing of the Chinese HNWIs for five wealth bands

• HNWI volume, wealth and allocation trends from 2011 to 2015

• HNWI volume, wealth and allocation forecasts to 2020

• HNWI and UHNWI asset allocations across 13 asset classes

• Geographical breakdown of all foreign assets

• Alternative breakdown of liquid vs. investable assets

• Details of the development, challenges and opportunities related to the wealth management and private banking sector in China

• The size of Chinese wealth management industry

• Information on private banks

• Detailed wealth management and family office information

• Insights into the drivers of HNWI wealth

Reasons To Buy

• China Wealth Report 2016 is an unparalleled resource, and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the report comprises a wide variety of data, created based on over 125,000 HNWIs from around the world in WealthInsight's database.

• With the wealth reports as the foundation for its research and analysis, WealthInsight is able to obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions it covers.

• The report reviews the performance and asset allocations of HNWIs and ultra-HNWIs. The report also includes projections of the volume, wealth and asset allocations of HNWIs to 2020, and a comprehensive background of the local economy.

• The report provides an overview of the private banking and wealth management sector.

Key Highlights

• There were 1,361,460 HNWIs in China in 2015, who collectively held US$5.0 trillion in wealth.

• The Chinese HNWI population decreased by 1.0% in 2015, following a 4.2% increase in 2014.

• The Chinese HNWI population is forecast to grow by 19.5%, to reach 1,644,465 in 2020, while HNWI wealth is projected to grow by 31.0% to reach US$6.7 trillion.

 Table of Contents

1 Introduction 
1.1 Details of this Report 
1.2 Definitions 

2 Executive Summary 

3 China Key Facts                                 

4 Distribution of Wealth in China 
4.1 HNWI Volume and Wealth Trends 

5 Findings from the WealthInsight HNWI Database 
5.1 Trends in HNWI Wealth to 2020 
5.1.1 HNWI trend analysis 
5.1.2 Wealth band trends 
5.1.3 Demographic breakdown of HNWIs
5.1.4 HNWIs – job titles
5.1.5 HNWIs – industry breakdown
5.1.6 HNWIs – industry performance
5.1.7 HNWIs – breakdown by city 
5.1.8 HNWIs – city performance 
5.1.9 HNWIs – city population densities 
5.1.10 HNWIs – city forecasts 
5.2 UHNWIs 
5.2.1 UHNWI volume trend analysis 
5.2.2 UHNWI wealth trend analysis 
5.2.3 Demographic breakdown of UHNWIs 
5.2.4 UHNWIs – industry breakdown 
5.2.5 UHNWIs – city breakdown and performance 
5.3 UHNWIs – Billionaires 
5.3.1 Billionaire volume trend analysis 
5.3.2 Billionaire wealth trend analysis 
5.3.3 Billionaire per capita net worth trend analysis 
5.3.4 List of billionaires 
5.4 UHNWIs – Centimillionaires 
5.4.1 Centimillionaire volume trend analysis 
5.4.2 Centimillionaire wealth trend analysis 
5.4.3 Centimillionaire per capita net worth trend analysis 
5.5 UHNWIs – Affluent Millionaires 
5.5.1 Affluent millionaire volume trend analysis 
5.5.2 Affluent millionaire wealth trend analysis 
5.5.3 Affluent millionaire per capita net worth trend analysis 
5.6 Core HNWIs 
5.6.1 Core HNWI volume trend analysis 
5.7 Core HNWIs – Mid-Tier Millionaires 
5.7.1 Mid-tier millionaire volume trend analysis 
5.7.2 Mid-tier millionaire wealth trend analysis 
5.7.3 Mid-tier millionaire per capita net worth trend analysis 
5.8 Core HNWIs – Lower-Tier Millionaires 
5.8.1 Lower-tier millionaire volume trend analysis 
5.8.2 Lower-tier millionaire wealth trend analysis 
5.8.3 Lower-tier millionaire per capita net worth trend analysis 

6 Analysis of Chinese HNWI Investments 
6.1 Analysis by Asset Class 
6.1.1 Trends in alternative assets 
6.1.2 Trends in ‘art, wine and wheels’ 
6.1.3 Trends of investment in real estate 
6.1.4 Trends of investment in cash and deposits 
6.1.5 Trends of investment in fixed-income 
6.1.6 Trends of investment in equities 
6.1.7 Trends of investments in business interests 
6.2 Analysis of Foreign Investments 
6.2.1 Investments in Europe 
6.2.2 Investments in North America (including the US, Mexico and the Caribbean) 
6.2.3 Investments in Asia-Pacific 
6.2.4 Investments in South America 
6.2.5 Investments in the Middle East 
6.2.6 Investments in Africa 
6.3 Alternative Breakdown: Liquid vs. Investable Assets 
6.4 Analysis of Chinese UHNWI Investments 

7 Competitive Landscape 
7.1 Domestic Private Banks 
7.2 Foreign Private Banks 
7.3 Wealth Managers 
7.4 Family Offices 

8 Key Drivers 
8.1 CNY–US$ Exchange Rate 
8.2 Real GDP Growth 
8.3 Per Capita GDP 
8.4 Domestic Market Capitalization 
8.5 Commodity Index 
8.6 Foreign Direct Investment (FDI) – Inflows and Outflows 
8.7 Inflation Rate 
8.8 Interest Rates 
8.9 Balance of Payments 
8.10 Government Debt 
8.11 Stock Market Performance 
8.12 Wealth Breakdowns 

9 About WealthInsight

List of Tables

Table 1: HNWI Wealth Band and Group Definitions 
Table 2: Chinese HNWIs – Volume Distribution (%), 2015 
Table 3: Chinese HNWIs – Wealth Distribution Wealth Pyramid (%), 2015 
Table 4: Chinese HNWIs – Industry Performance (%), 2011–2015 
Table 5: Chinese HNWIs – Cities, 2015 
Table 6: Chinese HNWIs – Growth in Top Cities (Thousand), 2011–2015 
Table 7: Chinese HNWIs – Population Density in Major Cities 2015 
Table 8: Chinese HNWIs – Populations in Top Cities (Thousand), 2011–2020 
Table 9: Chinese HNWIs – Growth Rates for Top Cities (%), 2011–2020 
Table 10: Chinese HNWIs – Sources of Wealth (%), 2015 
Table 11: Chinese UHNWIs – Gender Performance (%), 2011–2015 
Table 12: Chinese UHNWIs – Populations in Top Cities, 2011–2020 
Table 13: Chinese UHNWIs – Growth Rates for Top Cities (%), 2011–2020 
Table 14: Chinese Billionaires – Market Overview (Volume and US$ Billions), 2011–2020 
Table 15: Chinese Top Billionaires (US$ Billion), 2015 
Table 16: Chinese Billionaires – Wealth Growth (US$ Billion), 2011−2015 
Table 17: Chinese Centimillionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Table 18: Chinese Affluent Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Table 19: Chinese Mid-Tier Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Table 20: Chinese Lower-Tier Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Table 21: Chinese HNWIs – Assets Allocations (%), 2011–2020 
Table 22: Chinese HNWIs – Holdings Growth (%), 2011–2020 
Table 23: Chinese HNWIs – Alternative Asset Composition (%), 2011–2020 
Table 24: Chinese HNWIs – Trends of Investments in Alternative Assets (%), 2011–2020 
Table 25: Chinese Trends in Art, Wine and Wheels, 2011–2015 
Table 26: Global Prime Real estate Prices per m2 (US$), 2015 
Table 27: Chinese HNWIs – Foreign Investment Allocations (%), 2011–2020 
Table 28: Chinese HNWIs – Liquidity Breakdown (US$ Billion), 2011–2020 
Table 29: Chinese HNWIs – Liquidity Breakdown (%), 2011–2020 
Table 30: Chinese HNWIs – Allocations and Share of HNWI Assets (%), 2015 
Table 31: Chinese Exchange Rate – CNY–US$ Exchange Rate, 2011–2020 
Table 32: Chinese Real GDP Growth (%), 2011–2020 
Table 33: Chinese GDP per Capita (US$), 2011–2020 
Table 34: Chinese Domestic Market Capitalization (US$ Billion), 2011–2015 
Table 35: Chinese Commodity Indices, 2011–2020 
Table 36: Chinese Foreign Direct Investment (US$ Billion), 2011–2020 
Table 37: Chinese Inflation Rate (%), 2011–2020 
Table 38: Chinese Money Market Rates (%), 2011–2020 
Table 39: Chinese Balance of Payments (US$ Billion), 2011–2015 
Table 40: Chinese Government Debt as a Percentage of GDP (%), 2011–2020 
Table 41: Chinese Stock Market Performance (Index), 2011–2015 
Table 42: Chinese HNWI Wealth vs. GDP Ratio (%), 2011–2020 
Table 43: China – Appendix One 
Table 44: China – Appendix Two 

List of Figures

Figure 1: HNWI Wealth Band Definitions 
Figure 2: Map of China 
Figure 3: Chinese Asset Price Performance (%), 2011–2015 
Figure 4: Chinese HNWI Performance (US$ Billion and HNWI Volume), 2011–2020 
Figure 5: Chinese vs. Global HNWIs (%), 2011–2015 
Figure 6: Chinese HNWIs – Growth Factor Correlation, 2011–2015 
Figure 7: Chinese HNWIs – Wealth Pyramid (Volume Distribution), 2015 
Figure 8: Chinese HNWIs – Wealth Pyramid (Wealth Distribution), 2015 
Figure 9: Chinese HNWIs – Age Distribution (%), 2015 
Figure 10: Chinese HNWIs – Job Titles (%), 2011–2015 
Figure 11: Chinese HNWIs – Distribution by Industry (%), 2015 
Figure 12: Chinese HNWIs – City Performance (%), 2011–2015 
Figure 13: Chinese HNWIs – Volume of HNWIs by City (Thousand), 2011–2015 
Figure 14: Chinese HNWIs – City Forecasts (%), 2016–2020 
Figure 15: Chinese HNWIs – Population by City (Thousand), 2016–2020 
Figure 16: Chinese UHNWIs – Wealth Share vs. Volume Growth (%), 2011–2015 
Figure 17: Chinese UHNWIs – Volume by Wealth Band 2011–2020 
Figure 18: Chinese UHNWIs – Wealth by Wealth Band (US$ Billion), 2011–2020 
Figure 19: Chinese UHNWIs – Age Distribution (Percentage Share), 2015 
Figure 20: Chinese UHNWIs – Distribution by Industry (%), 2015 
Figure 21: Chinese Billionaires – Market Overview (Volume and US$ Billion), 2011–2020 
Figure 22: Chinese Centimillionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 23: Chinese Affluent Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 24: Chinese Mid-Tier Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 25: Chinese Lower-Tier Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 26: Chinese HNWs – Asset Class Composition (%), 2011–2020 
Figure 27: Chinese HNWIs – Trends in Alternative Assets (US$ Billion), 2011–2020 
Figure 28: Chinese Trends in Art, Wine and Wheels, 2011–2015 
Figure 29: Chinese HNWIs – Foreign Investment Allocation and Growth (%), 2015 
Figure 30: Chinese HNWIs – Global Distribution of Foreign Investments (%), 2011–2020 
Figure 31: Chinese HNWIs – Liquidity Breakdown (%), 2011–2020 
Figure 32: Chinese UHNWIs – Asset Class Composition (%), 2011–2020 
Figure 33: Chinese Exchange Rate – CNY–US$, 2011–2020 
Figure 34: Chinese Real GDP Growth (%), 2011–2020 
Figure 35: Chinese GDP per Capita (US$), 2011–2020 
Figure 36: Chinese Domestic Market Capitalization (US$ Billion), 2011–2015 
Figure 37: Chinese Commodity Indices, 2011–2020 
Figure 38: Chinese Foreign Direct Investment (US$ Billion), 2011–2020 
Figure 39: Chinese Inflation Rate (%), 2011–2020 
Figure 40: Chinese Money Market Rates (%), 2011–2020 
Figure 41: Chinese Balance of Payments (US$ Billion), 2011–2015 
Figure 42: Chinese Government Debt as a Percentage of GDP (%), 2011–2020 
Figure 43: Chinese Stock Market Performance (Index), 2011–2015 
Figure 44: Chinese HNWI Wealth vs. GDP Ratio (%), 2011–2020 
Figure 45: Chinese HNWIs – Volume by Wealth Band, 2011–2020 
Figure 46: Chinese HNWIs – Wealth by Wealth Band (US$ Billion), 2011–2020 
Figure 47: Chinese HNWIs – Wealth per Capita (US$ Million), 2011–2020