Bank of China Beijin (BACHF) 0.6800 $BACHF
HNWI Asset Allocation in China 2015-2019
M2 - Fri May 15, 9:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/7mxc3x/hnwi_asset) has announced the addition of the "HNWI Asset Allocation in China 2015" report to their offering. 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 2019 and a comprehensive and robust background of the local economy. Key Highlights: - Equities was the largest asset class for Chinese HNWIs in 2014, with 29.2% of total HNWI assets, followed by real estate with 28.9%, business interests with 22.0%, cash and deposits with 13.2%, fixed-income with 3.6% and alternatives with 3.1%. - Equities, business interests and real estate recorded growth at respective review-period rates of 136.8%, 121.8% and 109.8%. - Alternative assets held by Chinese HNWIs decreased during the review period, going from 3.4% of total HNWI assets in 2010 to 3.1% in 2014. HNWI allocations to commodities decreased from 1.8% to 1.5% of total assets over the same period. - Allocations in commodities are expected to decline over the forecast period, to reach 1.1% of total HNWI assets by 2019, as global liquidity will tighten due to a forecast near-term drop in demand for raw materials from China. - Chinese HNWI liquid assets amounted to US$2.2 trillion in 2014, representing 46.0% of wealth holdings. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Analysis of Chinese HNWI Investments 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/7mxc3x/hnwi_asset
Challenges and Opportunities for the Wealth Sector in China 2015
M2 - Fri May 15, 9:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/2hfst5/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in China 2015" report to their offering. The Challenges and Opportunities for the Wealth Sector in China 2015 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 2019. Key Highlights: - Chinese HNWIs held 19.9% (US$963.8 billion) of their wealth outside their home country at the end of 2014, which is below the worldwide average of 20-30%. - This report expects foreign asset holdings to increase to US$1.7 trillion by 2019, accounting for 18.2 % of total HNWI assets. - In 2014, the Asia-Pacific region accounted for 65.2% of Chinese HNWIs' foreign assets. - This was followed by North America with 10.2%, South America with 9.3%, Europe with 7.1%, the Middle East with 4.3% and Africa with 3.9%. - Chinese HNWI allocations to South America increased compared with other regions during the review period, going from 5.9% in 2010 to 9.3% in 2014. The Asia-Pacific was also an emerging region in terms of global investments. - HNWIs are expected to further increase their levels of investment in South America over the forecast period, to reach 11.6% of foreign HNWI assets by 2019, with investments increasingly being diverted to emerging economies. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Competitive Landscape of the Wealth Sector 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/2h...lenges_and
Ultra HNWIs in China 2015-2019
M2 - Fri May 15, 9:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/dshnv6/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in China 2015" report to their offering. 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. Key Highlights: - There were 8,366 UHNWIs in China in 2014, with an average per capita wealth of US$180.3 million, making them a prime target group for wealth sector professionals. Of this total, there were 194 billionaires, 2,790 centimillionaires and 5,382 affluent millionaires. - UHNWIs accounted for 0.6% of the total Chinese HNWI population in 2014, lower than the global average of 0.7%. The number of Chinese UHNWIs increased by 73.1% during the review period, going from 4,832 in 2010 to 8,366 in 2014. - There was a wide range of performance between the different UHNWI wealth bands; while the number of billionaires increased by 98.0%, the number of centimillionaires and affluent millionaires increased by 72.8% and 72.6% respectively. - This report expects the number of UHNWIs to increase by 50.6%, to reach 14,031 in 2019. This will include 285 billionaires, 4,585 centimillionaires and 9,161 affluent millionaires. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Chinese HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/ds...a_hnwis_in
High Net Worth Trends in China 2015
M2 - Fri May 15, 8:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/g47658/high_net_worth) has announced the addition of the "High Net Worth Trends in China 2015" report to their offering. This report provides projections of the volume and wealth of China HNWIs. This includes demographic trends (2010-2014) and findings of the proprietary HNWI Database. Scope: - Independent market sizing of China HNWIs across five wealth bands - HNWI volume and wealth trends from 2010 to 2014 - HNWI volume and wealth forecasts to 2019 - 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 (2010-2014) - Insights into the drivers of HNWI wealth Key Highlights: - There were 1,347,713 HNWIs in China in 2014. These HNWIs held US$4.8 trillion in wealth, and wealth per HNWI averaged US$3.6 million. - Chinese HNWI numbers increased by 5.3% in 2014, following a 5.5% increase in 2013. - Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Chinese HNWIs is forecast to grow by 50.9%, to reach 2.2 million by 2019, while HNWI wealth is expected to grow by 75.9%, to reach US$9.5 trillion by the same year. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/g4..._net_worth
China Wealth Report 2015
M2 - Wed May 13, 10:33AM CDT
Research and Markets (http://www.researchandmarkets.com/research/289cx5/china_wealth) has announced the addition of the "China Wealth Report 2015" report to their offering. 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. China Wealth Report 2015 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 that is created based on over 125,000 HNWIs from around the world in our database. With the wealth reports as the foundation for our research and analysis, we are 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 we cover. 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 the HNWIs to 2019 and a comprehensive background of the local economy. The report provides a thorough analysis of the Private Banking and Wealth Management sector, latest merger and acquisition activity and the opportunities and challenges that it faces. It also provides detailed information on HNWIs volumes in each major city. Key Highlights: - There were 1,347,713 HNWIs in China in 2014. These HNWIs held US$4.8 trillion in wealth, and wealth per HNWI averaged US$3.6 million. - Chinese HNWI numbers increased by 5.3% in 2014, following a 5.5% increase in 2013. - Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Chinese HNWIs is forecast to grow by 50.9%, to reach 2.2 million by 2019, while HNWI wealth is expected to grow by 75.9%, to reach US$9.5 trillion by the same year. - Chinese HNWIs held 19.9% (US$963.8 billion) of their wealth outside their home country at the end of 2014, which is below the worldwide average of 20-30%. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Chinese HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp. - China Merchant Bank Co. Ltd - China Minsheng Banking Corp. - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/28...ina_wealth
HFF arranges $360 million financing for development of luxury condominium tower in Midtown Manhattan
Thomson Reuters ONE - Tue Apr 28, 3:47PM CDT
NEW YORK, NY - April 28, 2015 - Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $360 million in financing for the development of 100 East 53rd Street, a new luxury condominium project in Manhattan's Midtown East neighborhood.
HF: 39.94 (-0.05)
Bank of China, BOC International Holdings and SGX Expand Collaboration on Renminbi and Market Developments
JCN Newswire - Fri Apr 17, 12:29AM CDT
Singapore Exchange (SGX), Bank of China (BOC) and BOC International Holdings Limited (BOCI)[1] are extending their collaboration on Renminbi (RMB) initiatives and embarking on joint activities that will contribute to the growth of both financial markets. The respective framework for collaboration were signed today in Singapore and witnessed by Mr Chen Siqing, President of BOC and Mr Magnus Bocker, CEO of SGX in Singapore.
Yingli Green Energy Participates in 2015 China PV Industry Development Symposium
PR Newswire - Tue Apr 14, 5:00AM CDT
Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"
, one of the world's leading solar panel manufacturers, known as "Yingli Solar," today announced it participated in the 2015 China Photovoltaic (PV) Industry Development Symposium held today, April 14, 2015, in Baoding, Hebei Province, China.
YGE: 1.70 (+0.02)
Industrial and Commercial Bank of China Opens the Market
CNW Group - Wed Mar 25, 12:30PM CDT
Mr. Gu, Shu, Senior Executive Vice President, Industrial and Commercial Bank of China (ICBC) joined Brenda Hoffman, Chief Information Officer, Group Head of Technology, TMX Group to open the market to celebrate the signing of a Memorandum of Understanding (MoU) to enhance their understanding of each other's businesses and to evaluate further business opportunities. Under the MoU, TMX Group and ICBC will endeavour to set a framework for communicating on a regular basis to evaluate business opportunities, including joint product development in multiple asset classes, establishing clearing, settlement and risk management mechanisms.
TMX Group and Industrial and Commercial Bank of China (Canada) Sign Memorandum of Understanding
CNW Group - Wed Mar 25, 7:45AM CDT
TMX Group marks occasion with a market open ceremony in Toronto
X.TO: 52.71 (-0.23)
TFSA Congratulates Launch of Canadian Renminbi (RMB) Clearing Bank
CNW Group - Mon Mar 23, 4:15PM CDT
-Industrial and Commercial Bank of China (Canada) is first and only RMB clearing bank in the Americas-
Bogus e-mail alert issued
M2 - Tue Mar 17, 5:26AM CDT
The Monetary Authority has issued an alert on sham e-mails which claim to be from Bank of China (Hong Kong) Limited.
TA Associates Announces Investment in YeePay
Business Wire - Sun Mar 15, 9:00PM CDT
TA Associates, a leading global growth private equity firm, today announced it has completed an investment in YeePay, a leading payments service provider in China. Far East Horizon Ltd (HKG: 3360), a provider of tailored financial leasing and other value-added services, partnered with TA on the investment. Financial terms of the transaction were not disclosed.
The Export-Import Bank of China Renews Letter of Intent to BlueFire Renewables for Fulton Project
GlobeNewswire - Tue Feb 17, 8:51AM CST
BlueFire Renewables, Inc. (OTC: BFRE), a company focused on changing the world's transportation fuel paradigm through the production of renewable fuels, announced that The Export-Import Bank of China (China EXIM) has renewed the previously announced Letter of Intent to provide up to $270 million in debt financing for its bio-fuels project in Fulton, Mississippi.
Western Union(R) Live at Bank of China
Business Wire - Wed Feb 04, 11:01AM CST
Effective immediately, consumers in China will be able to receive remittances through the Western Union(R) (NYSE: WU) Money Transfer(SM) service from abroad in minutesi at select Bank of China branches and sub-branches throughout the countryii, the two companies announced today.
WU: 21.71 (-0.25)
Teads increases financing by $30M, reinforcing its position as leader of the Premium Video Advertising Market
PR Newswire - Wed Jan 14, 7:00AM CST
Teads Inc, the leading global video advertising platform, today announced a new financing operation of $30 million, 50% ($15 million) was raised from an increase in capital, while the other 50% takes the form of a mid-term line of credit. The increase in capital is supported by existing investors Gimv, Partech and Elaia as well as BPI. The syndicated banks which supply the additional credit include Bank of China, HSBC, BNPP and BPI.
Agricultural Development Bank of China Doubles Bank Loan to Sino Agro Food Subsidiary, Sanjiang A Power Agriculture Co. ("SJAP"
PR Newswire - Wed Jan 07, 8:00AM CST
Sino Agro Food, Inc. (OTCQB: SIAF.QB) is an integrated, diversified agriculture technology and organic food company (the "Company" with principal operations as primary producer, processor, and marketer in the People's Republic of China ("PRC" .
Peak Acquisition Target, LongKey, Takes Important Step to Accelerate Growth of IFS Product Offering
GlobeNewswire - Thu Dec 11, 9:36AM CST
Peak Positioning Technologies Inc. (TSX-V
KK) (Pink Sheets KKFF) ("Peak" or the "Company" today announced that its acquisition target, LongKey Hong Kong Limited ("LongKey" , has taken an important step to accelerate the growth of its internet financial services (IFS), offered in conjunction with the Industrial and Commercial Bank of China ("ICBC" , by sending 20 of its employees to work directly from ICBC's Hangzhou offices.
PKK.VN: 0.015 (-0.005)
HNWI Asset Allocation in China 2015-2019
M2 - Fri May 15, 9:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/7mxc3x/hnwi_asset) has announced the addition of the "HNWI Asset Allocation in China 2015" report to their offering. 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 2019 and a comprehensive and robust background of the local economy. Key Highlights: - Equities was the largest asset class for Chinese HNWIs in 2014, with 29.2% of total HNWI assets, followed by real estate with 28.9%, business interests with 22.0%, cash and deposits with 13.2%, fixed-income with 3.6% and alternatives with 3.1%. - Equities, business interests and real estate recorded growth at respective review-period rates of 136.8%, 121.8% and 109.8%. - Alternative assets held by Chinese HNWIs decreased during the review period, going from 3.4% of total HNWI assets in 2010 to 3.1% in 2014. HNWI allocations to commodities decreased from 1.8% to 1.5% of total assets over the same period. - Allocations in commodities are expected to decline over the forecast period, to reach 1.1% of total HNWI assets by 2019, as global liquidity will tighten due to a forecast near-term drop in demand for raw materials from China. - Chinese HNWI liquid assets amounted to US$2.2 trillion in 2014, representing 46.0% of wealth holdings. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Analysis of Chinese HNWI Investments 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/7mxc3x/hnwi_asset
Challenges and Opportunities for the Wealth Sector in China 2015
M2 - Fri May 15, 9:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/2hfst5/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in China 2015" report to their offering. The Challenges and Opportunities for the Wealth Sector in China 2015 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 2019. Key Highlights: - Chinese HNWIs held 19.9% (US$963.8 billion) of their wealth outside their home country at the end of 2014, which is below the worldwide average of 20-30%. - This report expects foreign asset holdings to increase to US$1.7 trillion by 2019, accounting for 18.2 % of total HNWI assets. - In 2014, the Asia-Pacific region accounted for 65.2% of Chinese HNWIs' foreign assets. - This was followed by North America with 10.2%, South America with 9.3%, Europe with 7.1%, the Middle East with 4.3% and Africa with 3.9%. - Chinese HNWI allocations to South America increased compared with other regions during the review period, going from 5.9% in 2010 to 9.3% in 2014. The Asia-Pacific was also an emerging region in terms of global investments. - HNWIs are expected to further increase their levels of investment in South America over the forecast period, to reach 11.6% of foreign HNWI assets by 2019, with investments increasingly being diverted to emerging economies. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Competitive Landscape of the Wealth Sector 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/2h...lenges_and
Ultra HNWIs in China 2015-2019
M2 - Fri May 15, 9:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/dshnv6/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in China 2015" report to their offering. 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. Key Highlights: - There were 8,366 UHNWIs in China in 2014, with an average per capita wealth of US$180.3 million, making them a prime target group for wealth sector professionals. Of this total, there were 194 billionaires, 2,790 centimillionaires and 5,382 affluent millionaires. - UHNWIs accounted for 0.6% of the total Chinese HNWI population in 2014, lower than the global average of 0.7%. The number of Chinese UHNWIs increased by 73.1% during the review period, going from 4,832 in 2010 to 8,366 in 2014. - There was a wide range of performance between the different UHNWI wealth bands; while the number of billionaires increased by 98.0%, the number of centimillionaires and affluent millionaires increased by 72.8% and 72.6% respectively. - This report expects the number of UHNWIs to increase by 50.6%, to reach 14,031 in 2019. This will include 285 billionaires, 4,585 centimillionaires and 9,161 affluent millionaires. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Chinese HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/ds...a_hnwis_in
High Net Worth Trends in China 2015
M2 - Fri May 15, 8:23AM CDT
Research and Markets (http://www.researchandmarkets.com/research/g47658/high_net_worth) has announced the addition of the "High Net Worth Trends in China 2015" report to their offering. This report provides projections of the volume and wealth of China HNWIs. This includes demographic trends (2010-2014) and findings of the proprietary HNWI Database. Scope: - Independent market sizing of China HNWIs across five wealth bands - HNWI volume and wealth trends from 2010 to 2014 - HNWI volume and wealth forecasts to 2019 - 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 (2010-2014) - Insights into the drivers of HNWI wealth Key Highlights: - There were 1,347,713 HNWIs in China in 2014. These HNWIs held US$4.8 trillion in wealth, and wealth per HNWI averaged US$3.6 million. - Chinese HNWI numbers increased by 5.3% in 2014, following a 5.5% increase in 2013. - Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Chinese HNWIs is forecast to grow by 50.9%, to reach 2.2 million by 2019, while HNWI wealth is expected to grow by 75.9%, to reach US$9.5 trillion by the same year. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp - China Merchant Bank Co. Ltd - China Minsheng Banking Corp - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/g4..._net_worth
China Wealth Report 2015
M2 - Wed May 13, 10:33AM CDT
Research and Markets (http://www.researchandmarkets.com/research/289cx5/china_wealth) has announced the addition of the "China Wealth Report 2015" report to their offering. 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. China Wealth Report 2015 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 that is created based on over 125,000 HNWIs from around the world in our database. With the wealth reports as the foundation for our research and analysis, we are 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 we cover. 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 the HNWIs to 2019 and a comprehensive background of the local economy. The report provides a thorough analysis of the Private Banking and Wealth Management sector, latest merger and acquisition activity and the opportunities and challenges that it faces. It also provides detailed information on HNWIs volumes in each major city. Key Highlights: - There were 1,347,713 HNWIs in China in 2014. These HNWIs held US$4.8 trillion in wealth, and wealth per HNWI averaged US$3.6 million. - Chinese HNWI numbers increased by 5.3% in 2014, following a 5.5% increase in 2013. - Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Chinese HNWIs is forecast to grow by 50.9%, to reach 2.2 million by 2019, while HNWI wealth is expected to grow by 75.9%, to reach US$9.5 trillion by the same year. - Chinese HNWIs held 19.9% (US$963.8 billion) of their wealth outside their home country at the end of 2014, which is below the worldwide average of 20-30%. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Chinese HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Agricultural Bank of China Ltd - Bank of China Ltd - Bank of Communications Co. Ltd - China CITIC Bank Corp. Ltd - China Construction Bank Corp. - China Merchant Bank Co. Ltd - China Minsheng Banking Corp. - Industrial Bank Co. Ltd - Industrial and Commercial Bank of China Ltd - Shanghai Pudong Development Bank Co. Ltd For more information visit http://www.researchandmarkets.com/research/28...ina_wealth
HFF arranges $360 million financing for development of luxury condominium tower in Midtown Manhattan
Thomson Reuters ONE - Tue Apr 28, 3:47PM CDT
NEW YORK, NY - April 28, 2015 - Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $360 million in financing for the development of 100 East 53rd Street, a new luxury condominium project in Manhattan's Midtown East neighborhood.
HF: 39.94 (-0.05)
Bank of China, BOC International Holdings and SGX Expand Collaboration on Renminbi and Market Developments
JCN Newswire - Fri Apr 17, 12:29AM CDT
Singapore Exchange (SGX), Bank of China (BOC) and BOC International Holdings Limited (BOCI)[1] are extending their collaboration on Renminbi (RMB) initiatives and embarking on joint activities that will contribute to the growth of both financial markets. The respective framework for collaboration were signed today in Singapore and witnessed by Mr Chen Siqing, President of BOC and Mr Magnus Bocker, CEO of SGX in Singapore.
Yingli Green Energy Participates in 2015 China PV Industry Development Symposium
PR Newswire - Tue Apr 14, 5:00AM CDT
Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"
, one of the world's leading solar panel manufacturers, known as "Yingli Solar," today announced it participated in the 2015 China Photovoltaic (PV) Industry Development Symposium held today, April 14, 2015, in Baoding, Hebei Province, China. YGE: 1.70 (+0.02)
Industrial and Commercial Bank of China Opens the Market
CNW Group - Wed Mar 25, 12:30PM CDT
Mr. Gu, Shu, Senior Executive Vice President, Industrial and Commercial Bank of China (ICBC) joined Brenda Hoffman, Chief Information Officer, Group Head of Technology, TMX Group to open the market to celebrate the signing of a Memorandum of Understanding (MoU) to enhance their understanding of each other's businesses and to evaluate further business opportunities. Under the MoU, TMX Group and ICBC will endeavour to set a framework for communicating on a regular basis to evaluate business opportunities, including joint product development in multiple asset classes, establishing clearing, settlement and risk management mechanisms.
TMX Group and Industrial and Commercial Bank of China (Canada) Sign Memorandum of Understanding
CNW Group - Wed Mar 25, 7:45AM CDT
TMX Group marks occasion with a market open ceremony in Toronto
X.TO: 52.71 (-0.23)
TFSA Congratulates Launch of Canadian Renminbi (RMB) Clearing Bank
CNW Group - Mon Mar 23, 4:15PM CDT
-Industrial and Commercial Bank of China (Canada) is first and only RMB clearing bank in the Americas-
Bogus e-mail alert issued
M2 - Tue Mar 17, 5:26AM CDT
The Monetary Authority has issued an alert on sham e-mails which claim to be from Bank of China (Hong Kong) Limited.
TA Associates Announces Investment in YeePay
Business Wire - Sun Mar 15, 9:00PM CDT
TA Associates, a leading global growth private equity firm, today announced it has completed an investment in YeePay, a leading payments service provider in China. Far East Horizon Ltd (HKG: 3360), a provider of tailored financial leasing and other value-added services, partnered with TA on the investment. Financial terms of the transaction were not disclosed.
The Export-Import Bank of China Renews Letter of Intent to BlueFire Renewables for Fulton Project
GlobeNewswire - Tue Feb 17, 8:51AM CST
BlueFire Renewables, Inc. (OTC: BFRE), a company focused on changing the world's transportation fuel paradigm through the production of renewable fuels, announced that The Export-Import Bank of China (China EXIM) has renewed the previously announced Letter of Intent to provide up to $270 million in debt financing for its bio-fuels project in Fulton, Mississippi.
Western Union(R) Live at Bank of China
Business Wire - Wed Feb 04, 11:01AM CST
Effective immediately, consumers in China will be able to receive remittances through the Western Union(R) (NYSE: WU) Money Transfer(SM) service from abroad in minutesi at select Bank of China branches and sub-branches throughout the countryii, the two companies announced today.
WU: 21.71 (-0.25)
Teads increases financing by $30M, reinforcing its position as leader of the Premium Video Advertising Market
PR Newswire - Wed Jan 14, 7:00AM CST
Teads Inc, the leading global video advertising platform, today announced a new financing operation of $30 million, 50% ($15 million) was raised from an increase in capital, while the other 50% takes the form of a mid-term line of credit. The increase in capital is supported by existing investors Gimv, Partech and Elaia as well as BPI. The syndicated banks which supply the additional credit include Bank of China, HSBC, BNPP and BPI.
Agricultural Development Bank of China Doubles Bank Loan to Sino Agro Food Subsidiary, Sanjiang A Power Agriculture Co. ("SJAP"
PR Newswire - Wed Jan 07, 8:00AM CST
Sino Agro Food, Inc. (OTCQB: SIAF.QB) is an integrated, diversified agriculture technology and organic food company (the "Company"
with principal operations as primary producer, processor, and marketer in the People's Republic of China ("PRC" . Peak Acquisition Target, LongKey, Takes Important Step to Accelerate Growth of IFS Product Offering
GlobeNewswire - Thu Dec 11, 9:36AM CST
Peak Positioning Technologies Inc. (TSX-V
KK) (Pink Sheets KKFF) ("Peak" or the "Company" today announced that its acquisition target, LongKey Hong Kong Limited ("LongKey" , has taken an important step to accelerate the growth of its internet financial services (IFS), offered in conjunction with the Industrial and Commercial Bank of China ("ICBC" , by sending 20 of its employees to work directly from ICBC's Hangzhou offices. PKK.VN: 0.015 (-0.005)
