High Net Worth trends in Hong Kong 2014

Published: Dec, 2014 | Pages: 81 | Publisher: WealthInsight
Industry: Wealth Management | Report Format: Electronic (PDF)

Synopsis

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

The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's HNWIs have performed through the crisis.

Summary

This report provides projections of the volume and wealth of Hong Kong HNWIs. This includes demographic trends (2009-2013) and findings of the proprietary Wealth Insight HNWI Database.

Scope

Independent market sizing of Hong Kong HNWIs across five wealth bands

HNWI volume and wealth trends from 2009 to 2013

HNWI volume and wealth forecasts to 2018

HNWI and UHNWI asset allocations across 13 asset classes

Number of UHNWIs in each state and all major cities

Fastest growing cities and states for UHNWIs (2009-2013)

Insights into the drivers of HNWI wealth

Reason To Buy

The High Net Worth trends in Hong Kong 2014 Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world.

With the wealth reports as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.

Report includes comprehensive forecasts to 2018.

Key Highlights

There were 185,055 HNWIs in Hong Kong in 2013. These HNWIs held US$1.04 trillion in wealth, and wealth per HNWI was US$5.62 million.

In 2013, Hong Kong HNWI numbers increased by 3.2%, following a 4.6% increase in 2012.

HNWI wealth and volumes are expected to grow over the forecast period. The number of Hong Kong HNWIs is forecast to grow by 18.3%, reaching228,903by 2018, and HNWI wealth is expected to grow by 26.4%, reaching US$1.4 trillion by 2018.

 
Table of Contents
1 Introduction
1.1 Details of this Report
1.2 Definitions
2 Executive Summary
3 Wealth Sector Fundamentals
3.1 Political Background
3.2 Economic Background
3.3 Benchmarking Hong Kong Wealth in Context
3.3.1 Distribution of wealth in Hong Kong
3.4 HNWI Volume and Wealth Trends
4 Findings from the WealthInsight HNWI Database
4.1 Trends in HNWI Wealth to 2018
4.1.1 HNWI trend analysis
4.1.2 Wealth band trends
4.1.3 Demographic breakdown of HNWIs
4.1.4 HNWIs - job titles
4.1.5 HNWIs - industry breakdown
4.1.6 HNWIs - industry performance
4.1.7 HNWIs - breakdown by city
4.1.8 HNWIs - city performance
4.1.9 HNWIs - city population densities
4.1.10 HNWIs - city forecasts
4.1.11 HNWIs - breakdown by state
4.1.12 HNWIs - state performance
4.1.13 HNWIs - state population densities
4.2 UHNWIs
4.2.1 UHNWI volume trend analysis
4.2.2 UHNWI wealth trend analysis
4.2.3 Demographic breakdown of UHNWIs
4.2.4 UHNWIs - industry breakdown
4.2.5 UHNWIs - city breakdown and performance
4.3 UHNWIs - Billionaires
4.3.1 Billionaire volume trend analysis
4.3.2 Billionaire wealth trend analysis
4.3.3 Billionaire per capita net worth trend analysis
4.3.4 List of billionaires
4.4 UHNWIs - Centimillionaires
4.4.1 Centimillionaire volume trend analysis
4.4.2 Centimillionaire wealth trend analysis
4.4.3 Centimillionaire per capita net worth trend analysis
4.5 UHNWIs - Affluent Millionaires
4.5.1 Affluent millionaire volume trend analysis
4.5.2 Affluent millionaire wealth trend analysis
4.5.3 Affluent millionaire per capita net worth trend analysis
4.6 Core HNWIs
4.6.1 Core HNWI volume trend analysis
4.7 Core HNWIs - Mid-Tier Millionaires
4.7.1 Mid-tier millionaire volume trend analysis
4.7.2 Mid-tier millionaire wealth trend analysis
4.7.3 Mid-tier millionaire per capita net worth trend analysis
4.8 Core HNWIs - Lower-Tier Millionaires
4.8.1 Lower-tier millionaire volume trend analysis
4.8.2 Lower-tier millionaire wealth trend analysis
4.8.3 Lower-tier millionaire per capita net worth trend analysis
5 Appendix
5.1 Tax Regulations
5.2 Key Drivers
5.2.1 HKD to US$ exchange rate
5.2.2 Real GDP growth
5.2.3 Per capita GDP
5.2.4 Domestic market capitalization
5.2.5 Commodity index
5.2.6 Foreign direct investments - inflow and outflow
5.2.7 Inflation rate
5.2.8 Interest rate
5.2.9 Balance of payments
5.2.10 Government debt
5.2.11 Stock market performance
5.3 Wealth Breakdowns
6 About WealthInsight


List of Tables
Table 1: HNWI Wealth Band and Group Definitions
Table 2: Regions in Hong Kong by Population (Volume), 2013
Table 3: Hong Kong HNWIs - Volume Distribution (%), 2013
Table 4: Hong Kong HNWIs - Wealth Distribution Wealth Pyramid (%), 2013
Table 5: Hong Kong HNWIs - Industry Performance, 2009-2013
Table 6: Hong Kong HNWIs - Cities, 2013
Table 7: Hong Kong HNWI Growth in Top Cities (Thousand), 2009-2013
Table 8: Hong Kong HNWI Population Density in Major Cities (Thousand), 2013
Table 9: Hong Kong HNWIs in Top Cities, 2009-2018
Table 10: Hong Kong HNWIs - Growth Rates for Top Cities (%), 2009-2018
Table 11: Hong Kong Volume of HNWI by State, 2013
Table 12: Hong Kong HNWI State Performance (%), 2009-2013
Table 13: Hong Kong HNWIs Population Density by State, 2013
Table 14: Hong Kong UHNWI Gender Performance (%), 2009-2013
Table 15: Hong Kong UHNWI Source of Wealth (%), 2013
Table 16: Hong Kong Volume of UHNWI in Top Cities, 2009-2018
Table 17: Hong Kong UHNWI Growth Rates in Top Cities (%), 2009-2018
Table 18: Hong Kong Billionaires Market Overview (Volume and US$ Billion), 2009-2018
Table 19: Hong Kong Top-10 Billionaires (US$ Billions), 2013
Table 20: Hong Kong Billionaire Wealth Growth (US$ Billion), 2009?2013
Table 21: Hong Kong Centimillionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Table 22: Hong Kong Affluent Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Table 23: Hong Kong Mid-Tier Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Table 24: Hong Kong Lower-Tier Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018
Table 25: Hong Kong Income Tax Bands (HKD), 2013-2014
Table 26: HKD per US$ Exchange Rate, 2009-2018
Table 27: Hong Kong Real GDP Growth (%), 2009-2018
Table 28: Hong Kong GDP per Capita (US$), 2009-2018
Table 29: Hong Kong Domestic Market Capitalization (US$ Billion), 2009-2013
Table 30: Hong Kong Commodity Indices, 2009-2018
Table 31: Hong Kong Foreign Direct Investment (US$ Billion), 2007-2011
Table 32: Hong Kong Inflation Rate (%), 2009-2018
Table 33: Hong Kong Money Market Rate (%), 2009-2018
Table 34: Hong Kong Balance of Payments (US$ Billion), 2009-2013
Table 35: Hong Kong Government Debt as a Percentage of GDP, 2009-2018
Table 36: Hong Kong Stock Market Performance, 2009-2013
Table 37: Hong Kong HNWI Wealth vs GDP Ratio, 2009-2018
Table 38: Hong Kong - Appendix One
Table 39: Hong Kong - Appendix Two