Saturday, January 16, 2021
Tags Chinese high net worth individuals

Tag: Chinese high net worth individuals

High-net Worth Individuals in China Exceed 1.3 Million: Private Banking Report

A report on private banking in China indicates that the number of high net-worth individuals in the country now exceeds 1.3 million....

China’s Wealthy Turn to Family Trusts to Pass on Riches

The first report on family trusts in China indicates that they have become one of the preferred means for high net-worth individuals...

China’s High Net Worth Individuals Shy away from US Investment Post-COVID-19

A new report on China's high net-worth individuals (HNWI) has found major changes to their foreign investment preferences in the wake of...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.