Canadian Solar Appoints Andrew Wong as Independent Director
PR Newswire - Tue Aug 12, 8:30AM CDT
Canadian Solar Inc. ("Canadian Solar" or the "Company"
High Net Worth Trends in China to 2013-2017
M2 - Mon Jul 07, 5:58AM CDT
Research and Markets (http://www.researchandmarkets.com/research/46fxvv/high_net_worth) has announced the addition of the "High Net Worth Trends 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 HNWIs have performed through the crisis. 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. - Chinese HNWIs over performed compared to the global average during the review period. As is evident, 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. - Growth in HNWI wealth and volume is expected to improve over the forecast period. The total number of Chinese HNWIs is forecast to grow by 34%, to reach 2.2 million in 2017. HNWI wealth will record a percentage increase, of 50% to reach US$9.4 trillion by 2017. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the WealthInsight HNWI Database 5 Appendix 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 Co. Ltd - Standard Chartered Private Bank - The Bank of East Asia (China) Ltd For more information visit http://www.researchandmarkets.com/research/46..._net_worth
Challenges and Opportunities for the Wealth Sector in China 2013-2017
M2 - Thu Jun 26, 9:19AM CDT
Research and Markets (http://www.researchandmarkets.com/research/tfnh9g/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in China 2013" report to their offering. This report is a thorough analysis of China's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces. 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 HNWIs have performed through the crisis. Scope Independent market sizing of China HNWIs across five wealth bands HNWI volume and wealth trends from 2008 to 2012 HNWI volume and wealth forecasts to 2017 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 (2008-2012) Insights into the drivers of HNWI wealth Key Highlights - In 2012, there were approximately 1.4 million core millionaires in China, with a combined wealth of US$3.8 trillion and an average wealth of US$2.6 million. - The number of core HNWIs increased by 89.8% from 755,503 in 2008 to 1,472,276 in 2012. - According to WealthInsight's projections, the number of core HNWIs in China will grow by 34% over the forecast period to reach 2,364,857 by 2017. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Competitive Landscape of the Wealth Sector 5 Appendix 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 Co. Ltd - Standard Chartered Private Bank - The Bank of East Asia (China) Ltd For more information visit http://www.researchandmarkets.com/research/tf...lenges_and
HNWI Asset Allocation in China to 2013-2017
M2 - Thu Jun 19, 5:56AM CDT
Research and Markets (http://www.researchandmarkets.com/research/z9cq5z/hnwi_asset) has announced the addition of the "HNWI Asset Allocation 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. 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 HNWIs have performed through the crisis. Summary This report provides the latest asset allocations of China HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of China HNWIs to 2017 and a comprehensive and robust background of the local economy. Key Highlights - In 2012, real estate was the largest asset class for Chinese HNWIs (29.7% of total HNWI assets), followed by equities (26.3 %), business interests (22%), cash and deposits (14.4%), alternatives (3.9%) and fixed income (3.9%). - Equities recorded the strongest growth during the review period, despite the trend for a movement into safer assets during the financial crisis. - Alternative assets held by Chinese HNWIs decreased during the review period, from 3.9% of total HNWI assets in 2008 to 3.7% in 2012. This was due to the weak performance of hedge funds and private equity holdings. - The share of equities is expected to grow over the forecast period, followed by real estate. Fixed income will be the worst-performing asset class. Consequently, there will be a movement away from fixed income and towards real estate and equities. - As of 2012, HNWI liquid assets amounted to US$1.1 trillion, representing 22.1% of the wealth holdings of Chinese HNWIs. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Analysis of Chinese HNWI Investments 5 Appendix 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 Co. Ltd - Standard Chartered Private Bank - The Bank of East Asia (China) Ltd For more information visit http://www.researchandmarkets.com/research/z9cq5z/hnwi_asset
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.