Latest China Citic Bank Crp (CHBJF) Headlines
Ultra HNWIs in China to 2013
M2 - Mon Dec 16, 3:51AM CST
Research and Markets (http://www.researchandmarkets.com/research/jhp4nn/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in China to 2013" report to their offering. This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in China. It focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's UHNWIs have performed through the crisis. This report reviews the performance and asset allocations of Ultra HNWIs in China, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry. Scope - UHNWI volume, wealth and allocation trends from 2008 to 2012 - UHNWI volume, wealth and allocation forecasts to 2017 - UHNWI asset allocations across 13 asset classes - Number of UHNWIs in each state and all major cities - Fastest growing cities and states for UHNWIs (2008-2012) - Number of wealth managers in each city - City wise ratings of wealth management saturation and potential - Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in China - Size of China wealth management industry - Largest domestic private banks by AuM - Detailed wealth management and family office information - Insights into the drivers of HNWI wealth Key Highlights - There were 9,087 UHNWIs in China, with an average wealth of US$1.3 billion per person, making them the prime target group for wealth sector professionals. Of this total, there were 195 billionaires, 3,121 centimillionaires and 5,771 affluent millionaires. - UHNWIs accounted for 0.62% of the total Chinese HNWI population, which is below the global average of 0.7%. During the review period, the number of UHNWIs in China increased by 106.8% from 4,394 individuals in 2008 to 9,087 in 2012. - There was a range of performance between the different UHNWI wealth bands: The number of centimillionaires and affluent millionaires increased by 113.1% and 99.7% respectively. - It is expected that the number of UHNWIs to increase by 34% to reach 13,959 individuals in 2017. This will include 280 billionaires, 4,803 centimillionaires and 8,876 affluent millionaires. Companies Mentioned - AMC Group Asset management China - Agricultural Bank of China - Bank of China - Bank of Communications - Bank of Dalian - Bank of Jiangsu - China Citic Bank - China Construction Bank - China Everbright Bank - China Merchants Bank - China Minsheng Banking Corp - Industrial & Commercial Bank of China - Serficom Investment consulting - Standard Chartered Private Bank - The Bank of East Asia (China) For more information visit http://www.researchandmarkets.com/research/jh...a_hnwis_in About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
China 2013 Wealth Book
M2 - Tue Nov 12, 5:23AM CST
Research and Markets (http://www.researchandmarkets.com/research/29hnns/china_2013_wealth) has announced the addition of the "China 2013 Wealth Book" report to their offering. This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in China. The report focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables a determination of how well the country's HNWIs have performed through the crisis. Scope - Independent market sizing of China HNWIs across five wealth bands - HNWI volume, wealth and allocation trends from 2008 to 2012 - HNWI volume, wealth and allocation forecasts to 2017 - HNWI and UHNWI asset allocations across 13 asset classes - Geographical breakdown of all foreign assets - Alternative breakdown of liquid vs. investable assets - Number of UHNWIs in major cities - Number of wealth managers in each city - City wise ratings of wealth management saturation and potential - Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in China. - Size of China's wealth management industry - Largest domestic private banks by AuM - Detailed wealth management and family office information - Insights into the drivers of HNWI wealth. Key Highlights - There were just over 1.4 million HNWIs in China in 2012, holding US$5.2 trillion in wealth, equivalent to 27% of country's total individual wealth. - The number of HNWIs in China increased by around 89.9% during the review period from 779,896 HNWIs in 2008 to 1,481,363 HNWIs in 2012. Local HNWI wealth also increased by 171%, from US$2.5 trillion in 2008 to US$5.2 trillion in 2012. - Equities recorded the strongest growth over the review period. Driven by a strong local residential market, real estate also grew strongly. - There were 9,087 UHNWIs in China, with an average wealth of US$1.3 billion per person, making them the prime target group for wealth sector professionals. Of this total, there were 195 billionaires, 3,121 centimillionaires and 5,771 affluent millionaires. - In 2012, Chinese HNWIs held 12.6% (US$658 billion) of their wealth outside their home country, which is slightly lower than the global average of 20-30%. Companies Mentioned - AMC Group Asset management China - Agricultural Bank of China - Bank of China - Bank of Communications - Bank of Dalian - Bank of Jiangsu - China Citic Bank - China Construction Bank - China Everbright Bank - China Merchants Bank - China Minsheng Banking Corp - Industrial & Commercial Bank of China - Serficom Investment consulting - Standard Chartered Private Bank - The Bank of East Asia (China) For more information visit http://www.researchandmarkets.com/research/29...013_wealth About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
China CITIC bank and MasterCard Sign MOU for Strategic Cooperation in the Virtual Payments Space
Business Wire - Wed Apr 17, 7:32AM CDT
China CITIC Bank and MasterCard have signed a Memorandum of Understanding (MOU) for strategic cooperation in the virtual payments space within and outside China. The two parties aim to jointly develop and promote innovative products and services including Quick Response" (QR) code services, and collaborate to provide a safe and efficient payment experience for domestic and overseas cardholders and merchants.
Ultra HNWIs in China to 2013
M2 - Mon Dec 16, 3:51AM CST
Research and Markets (http://www.researchandmarkets.com/research/jhp4nn/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in China to 2013" report to their offering. This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in China. It focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's UHNWIs have performed through the crisis. This report reviews the performance and asset allocations of Ultra HNWIs in China, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry. Scope - UHNWI volume, wealth and allocation trends from 2008 to 2012 - UHNWI volume, wealth and allocation forecasts to 2017 - UHNWI asset allocations across 13 asset classes - Number of UHNWIs in each state and all major cities - Fastest growing cities and states for UHNWIs (2008-2012) - Number of wealth managers in each city - City wise ratings of wealth management saturation and potential - Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in China - Size of China wealth management industry - Largest domestic private banks by AuM - Detailed wealth management and family office information - Insights into the drivers of HNWI wealth Key Highlights - There were 9,087 UHNWIs in China, with an average wealth of US$1.3 billion per person, making them the prime target group for wealth sector professionals. Of this total, there were 195 billionaires, 3,121 centimillionaires and 5,771 affluent millionaires. - UHNWIs accounted for 0.62% of the total Chinese HNWI population, which is below the global average of 0.7%. During the review period, the number of UHNWIs in China increased by 106.8% from 4,394 individuals in 2008 to 9,087 in 2012. - There was a range of performance between the different UHNWI wealth bands: The number of centimillionaires and affluent millionaires increased by 113.1% and 99.7% respectively. - It is expected that the number of UHNWIs to increase by 34% to reach 13,959 individuals in 2017. This will include 280 billionaires, 4,803 centimillionaires and 8,876 affluent millionaires. Companies Mentioned - AMC Group Asset management China - Agricultural Bank of China - Bank of China - Bank of Communications - Bank of Dalian - Bank of Jiangsu - China Citic Bank - China Construction Bank - China Everbright Bank - China Merchants Bank - China Minsheng Banking Corp - Industrial & Commercial Bank of China - Serficom Investment consulting - Standard Chartered Private Bank - The Bank of East Asia (China) For more information visit http://www.researchandmarkets.com/research/jh...a_hnwis_in About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
China 2013 Wealth Book
M2 - Tue Nov 12, 5:23AM CST
Research and Markets (http://www.researchandmarkets.com/research/29hnns/china_2013_wealth) has announced the addition of the "China 2013 Wealth Book" report to their offering. This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in China. The report focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables a determination of how well the country's HNWIs have performed through the crisis. Scope - Independent market sizing of China HNWIs across five wealth bands - HNWI volume, wealth and allocation trends from 2008 to 2012 - HNWI volume, wealth and allocation forecasts to 2017 - HNWI and UHNWI asset allocations across 13 asset classes - Geographical breakdown of all foreign assets - Alternative breakdown of liquid vs. investable assets - Number of UHNWIs in major cities - Number of wealth managers in each city - City wise ratings of wealth management saturation and potential - Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in China. - Size of China's wealth management industry - Largest domestic private banks by AuM - Detailed wealth management and family office information - Insights into the drivers of HNWI wealth. Key Highlights - There were just over 1.4 million HNWIs in China in 2012, holding US$5.2 trillion in wealth, equivalent to 27% of country's total individual wealth. - The number of HNWIs in China increased by around 89.9% during the review period from 779,896 HNWIs in 2008 to 1,481,363 HNWIs in 2012. Local HNWI wealth also increased by 171%, from US$2.5 trillion in 2008 to US$5.2 trillion in 2012. - Equities recorded the strongest growth over the review period. Driven by a strong local residential market, real estate also grew strongly. - There were 9,087 UHNWIs in China, with an average wealth of US$1.3 billion per person, making them the prime target group for wealth sector professionals. Of this total, there were 195 billionaires, 3,121 centimillionaires and 5,771 affluent millionaires. - In 2012, Chinese HNWIs held 12.6% (US$658 billion) of their wealth outside their home country, which is slightly lower than the global average of 20-30%. Companies Mentioned - AMC Group Asset management China - Agricultural Bank of China - Bank of China - Bank of Communications - Bank of Dalian - Bank of Jiangsu - China Citic Bank - China Construction Bank - China Everbright Bank - China Merchants Bank - China Minsheng Banking Corp - Industrial & Commercial Bank of China - Serficom Investment consulting - Standard Chartered Private Bank - The Bank of East Asia (China) For more information visit http://www.researchandmarkets.com/research/29...013_wealth About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
China CITIC bank and MasterCard Sign MOU for Strategic Cooperation in the Virtual Payments Space
Business Wire - Wed Apr 17, 7:32AM CDT
China CITIC Bank and MasterCard have signed a Memorandum of Understanding (MOU) for strategic cooperation in the virtual payments space within and outside China. The two parties aim to jointly develop and promote innovative products and services including Quick Response" (QR) code services, and collaborate to provide a safe and efficient payment experience for domestic and overseas cardholders and merchants.
