ResearchMoz

Emerging Opportunities in the Chinese Wealth Management Industry: Market Size, Strategies, Products and Competitive Landscape

BRICdata
Published Date » 2012-06-18
No. Of Pages » 75
     
 
  Synopsis  
   
 
 
  The report provides detailed market analysis, information and insights, including:  
   
 
 
 
 In-depth analysis of wealth management strategies adopted by banking and financial institutions in China 
 How companies in China are adopting marketing strategies to succeed in the wealth management industry  
 Key trends and drivers supporting the growth of the wealth management industry in China 
 Challenges faced by companies in the Chinese wealth management industry 
 Company-wise analysis of marketing strategies and product offerings in the wealth management industry 
 
 
     
  Summary  
  
 
     
 Chinas GDP recorded strong annual growth of 9.5% in 2011, growth that is expected to continue over the forecast period. This...
Table Of Content

1 Executive Summary

2 Chinese Wealth Management Market Environment
2.1 Macroeconomic Fundamentals
2.1.1 GDP at constant prices
2.1.2 Inflation rate
2.1.3 Annual disposable income
2.1.4 Shanghai Stock Exchange market capitalization
2.1.5 Interest rate
2.2 Regulatory Framework
2.2.1 Banking regulations
2.2.2 Wealth management and related norms
2.2.3 Regulatory framework on hedge funds

3 Market Size and Growth Potential of Chinese Wealth Management
3.1 Market Size of Chinese Wealth Management by HNWIs
3.1.1 High-net-worth-individuals (HNWIs)
3.1.2 Ultra-high-net-worth-individuals (UHNWIs)
3.1.3 The core high-net-worth individuals (core HNWIs)
3.2 HNWI Investments by Asset Class
3.2.1 Investment trends in liquid assets equity, fixed income and cash deposits
3.2.2 Investment trends in cash and deposits
3.2.3 Trends in alternative assets
3.2.4 Investments in real estate
3.2.5 Investment trends in equity
3.2.6 Trends in art, wine and automobiles

4 Wealth Management Services in China
4.1 Portfolio Management and Portfolio Rebalancing
4.1.1 Bank of China wealth management
4.1.2 China Merchant Bank (CMB) Sunflower financial management planning service
4.1.3 Standard Chartered Banks investment services
4.2 Trusts and Estate Planning and Management
4.2.1 China Banking Corporations estate planning services
4.2.2 Weir & Associates trust and planning company
4.3 Private Banking and Financing
4.3.1 ICBC Private Banking Services
4.3.2 China Merchant Banks Sunflower VIP service
4.3.3 CitiGold private banking
4.4 Investment Management and Advisory
4.4.1 ICBC Perfect Match wealth management product
4.4.2 Bank of Chinas Zhongyinjifu wealth management investment plan

5 Trends and Growth Drivers
5.1 HNWIs Shifting Investments from Residential Real Estate as Regulations Cool the Market
5.2 Tax Optimization Products Are Not Currently in High Demand
5.3 Increasing Number of HNWIs in China Presents Significant Business Opportunities
5.4 Real GDP Growth Rate
5.5 Chinese Wealth Management Customers are Shifting to Professional Institutions
5.6 Money Lenders are Shifting Their Focus to Wealth Management Products
5.7 Increasing Number of Wealth Management Institutions in the Chinese Market
5.8 Emergence of Offshore Wealth Management in China
5.9 Chinese HNWIs Are Using Multiple Wealth Management Institutions

6 Marketing and Growth Strategies of Chinese Wealth Management Service Providers
6.1 Providing Personalized Investment Services
6.2 Online Wealth Management Services
6.3 Mobile Application for Wealth Management Services
6.3.1 Bank of Chinas mobile investment management application
6.3.2 Bank of Beijing iPhone application for marketing
6.3.3 ICBC exclusive mobile banking wealth management products
6.4 Product Diversification
6.5 Partnering with Assets Management Companies
6.6 Utilizing Social Media to Interact With Customers
6.6.1 Chinese banks are using social media platforms to build strong relationships with their customers

7 Strategies to Succeed in the Chinese Wealth Management Industry
7.1 Effective Customer Segmentation
7.2 Building an Effective Distribution Strategy
7.3 Brand Building
7.4 Identifying Customer Needs to Increase Share of Wallet
7.5 Building Core Competencies
7.6 360 Degree View of Investment

8 Challenges
8.1 Underdeveloped Wealth Management Products
8.2 Lack of Expert Professionals in Wealth Management
8.3 Complicated and Cumbersome Tax System
8.4 Complex Regulatory Structure
8.5 Move Away From Self Management
8.6 Demand for Intergenerational Wealth Transfer and Younger Clientele
8.7 Philanthropy

9 Competitive Landscape
9.1 Industry Structure
9.2 Wealth Managers and Private Banks
9.2.1 Public sector banks
9.2.2 Wealth managers
9.2.3 Private-sector banks
9.2.4 Foreign banks and MNCs
9.2.5 Joint ventures

10 Company Profiles
10.1 Bank of China
10.1.1 Company overview
10.1.2 Business segmentation
10.2 Agricultural Bank of China Limited
10.2.1 Company overview
10.2.2 Business segmentation
10.3 China Construction Bank Corporation
10.3.1 Company overview
10.3.2 Business segmentation
10.4 China Merchants Bank Company Limited
10.4.1 Company overview
10.4.2 Business segmentation
10.5 Ping An Insurance (Group) Company of China Ltd
10.5.1 Company overview
10.5.2 Business segmentation
10.6 Non-Banking Investment Management Companies in China
10.6.1 China Asset Management (ChinaAMC)
10.6.2 Credit Suisse China
10.6.3 China CITIC Bank

11 Appendix
11.1 About BRICdata
11.1.1 Definitions
11.1.2 Areas of expertise
11.2 Methodology
11.3 Disclaimer

List of Tables


Table 1: Chinese GDP at Constant Prices (US$ Billion), 20072016 (Base Year 19992000)
Table 2: Chinese Inflation Rate (%), 20072016
Table 3: Chinese Annual Disposable Income (US$ Billion), 20072016
Table 4: Chineses Shanghai Stock Exchange Market Capitalization (US$ Trillion), 20072011
Table 5: China Central Bank Interest Rate Fluctuations (%), September 2009 July 2011
Table 6: Chinese HNWIs Volume by Wealth Bands, 20072011
Table 7: Chinese HNWIs Volume by Wealth Bands, 20072011
Table 8: Chinese HNWIs Volume by Wealth Bands, 20122016
Table 9: Chinese HNWIs Volume by Wealth Bands, 20122016
Table 10: Chinese HNWIs Value by Wealth Band (US$ Billion), 20072011
Table 11: Chinese HNWIs Value by Wealth Band (US$ Billion), 20122016
Table 12: Chinese UHNWIs Volume by Type of UHNWI, 20072011
Table 13: Chinese UHNWIs Volume by Type of UHNWI, 20122016
Table 14: Chinese UHNWIs Value by Type of UHNWI (US$ Billion), 20072011
Table 15: Chinese UHNWIs Value by Type of UHNWI (US$ Billion), 20122016
Table 16: Chinese Core HNWIs Volume by Type of Core HNWI, 20072011
Table 17: Chinese Core HNWIs Volume by Type of Core HNWI, 20122016
Table 18: Chinese Core HNWIs Value by Type of Core HNWI (US$ Billion), 20072011
Table 19: Chinese Core HNWIs Value by Type of Core HNWI (US$ Billion), 20122016
Table 20: Chinese HNWI Liquid Asset Composition (%), 20072016
Table 21: Chinese HNWI Trends of Investments in Alternative Assets (US$ Billion), 20072011
Table 22: Chinese HNWI Trends of Investments in Alternative Assets (US$ Billion), 20072011
Table 23: Chinese HNWI Alternative Asset Composition (%), 20072016
Table 24: Chinese Real GDP Growth Rate (%), 20072016
Table 25: ChinaAMC: Main Services
Table 26: Credit Suisse China: Main Services
Table 27: CITIC Bank Corporation Limited: Main Services
Table 28: Definitions

List of Figures


Figure 1: Chinese GDP at Constant Prices (US$ Billion), 20072016 (Base Year 19992000)
Figure 2: Chinese Inflation Rate (%), 20072016
Figure 3: Chinese Annual Disposable Income (US$ Billion), 20072016
Figure 4: Chineses Shanghai Stock Exchange Market Capitalization (US$ Trillion), 20072011
Figure 5: China Central Bank Interest Rate Fluctuations (%), September 2009 July 2011
Figure 6: Chinese Wealth Management Industry Customers HNWI Composition
Figure 7: Chinese HNWIs Value by Wealth Band (US$ Billion), 20072011
Figure 8: Chinese HNWIs Value by Wealth Band (US$ Billion), 20122016
Figure 9: Chinese HNWIs Regional Distribution (% Share), 2011
Figure 10: Chinese HNWIs Regional Distribution Key Regions, 2011
Figure 11: Chinese UHNWIs Volume by Type of UHNWI, 20072011
Figure 12: Chinese UHNWIs Volume by Type of UHNWI, 20122016
Figure 13: Chinese UHNWIs Value by Type of UHNWI (US$ Billion), 20072011
Figure 14: Chinese UHNWIs Value by Type of UHNWI (US$ Billion), 20122016
Figure 15: Chinese UHNWIs Regional Distribution (% Share), 2011
Figure 16: Chinese Core HNWIs Volume by Type of Core HNWI, 20072011
Figure 17: Chinese Core HNWIs Volume by Type of Core HNWI, 20122016
Figure 18: Chinese Core HNWIs Value by Type of Core HNWI (US$ Billion), 20072011
Figure 19: Chinese Core HNWIs Value by Type of Core HNWI (US$ Billion), 20122016
Figure 20: Asset Class Composition (% Share), 20072016
Figure 21: Chinese HNWI Liquid Asset Composition (US$ Billion), 20072016
Figure 22: HNWIs Investment in Cash and Deposits (US$ Billion), 20072016
Figure 23: Chinese HNWI Trends of Investments in Alternative Assets (in US$ Billion), 2007-2011
Figure 24:Chinese HNWI Trends of Investments in Alternative Assets (in US$ Billion), 20122016
Figure 25: Chinese HNWI Investment in Real Estate (US$ Billion), 20072016
Figure 26: Chinese HNWI Investment in Equities (US$ Billion), 20072016
Figure 27: Mercedes-Benz and Porsche* Cars Unit Sales in Chinese Market
Figure 28: Wealth Management Services In China
Figure 29: Chinese Wealth Management Trends and Growth Drivers
Figure 30: HNWI Growth Factor Correlation, 2007-11
Figure 31: PICC Social Media Platform on Weibo.com
Figure 32: Strategies to Succeed in the Chinese Wealth Management Industry
Figure 33: A Unified View of Customer Investment
Figure 34: Challenges in Chinese Wealth Management
Figure 35: Chinese Wealth Management Industry Structure
Figure 36: Major Companies in Chinese Wealth Management Industry

Upcoming Reports:

Isothermal Nucleic Acid Amplification Technology Market (INAAT) - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast, 2012 - 2018
By - Transparency Market Research
Isothermal nucleic acid amplification technology (INAAT) is the global scale study and development of testing and applications of nucleic acid in molecular and nanoparticle diagnostics and laboratory research.  By World Health Organization (WHO) standards, an ideal DNA/RNA diagnostic test kit, usually a polymerase chain reaction (PCR) type of instrument suitable for various economic regions should be cost-effective, accurate, and customizable to fit user requirements while requiring simple steps and use with simple training. At the same time, the instruments need...
Therapeutics For Memory And Cognition Disorders - Global Industry Analysis, Size, Share, Growth, Trend And Forecast 2013 - 2019
By - Transparency Market Research
Memory and cognitive disorders are mental health disorders that primarily affect learning, memory, perception and problem solving ability. The global market of therapeutics for memory and cognition disorders is witnessing a significant growth over recent years due to aging population in different parts of the world, new drugs development and better understanding of drugs mechanism. However, less number of approved drugs is a major restraint for the market growth. Also, ethical implication has become a major challenge for the market.     Global market of therapeutics for...
Power Generation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018
By - Transparency Market Research
Economic growth and rise in population have been the most important reasons for energy/power generation in the past few decades. Commercial and residential energy is expected to increase with significant growth numbers and this is being driven mainly by energy requirements in Asia-Pacific and North America. Due to the global recession in 2009 and 2010, the demand in Europe is currently lesser than that in other regions but the market is expected to pick up during the next few years. China, Japan, Korea and India are expected to be the most important regions driving the demand for...

Research Assistance

We will be happy to help you find what you need.
Please call us or write us:

866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-618-1030
Email: sales@researchmoz.us
Select License type:

Share this report

Related News

A Health Tech Incubator Started by GE Healthcare
Oct 30, 2014  
For the very first time, a health tech start up campus has been established by GE Healthcare at its headquarters at Helsinki, Finland. This area already has about twenty such healthcare start ups that are working on cloud services, wireless technologies, apps, and sensors that aim at improving healthcare. The main rationale behind such a step is providing opportunities for further...
Net Earnings of DuPont Increases 52% despite Agricultural Turmoil
Oct 29, 2014  
DuPont - The Wilmington, Del-based leading chemical company faced decline of three percent sales to $7.5 billion in the quarter ending of September 30. The company’s third-quarter earnings were increased by 52 percent to $433 million albeit the slow global growth and agricultural downside.   The company witnessed the biggest drags from chemical sales with eight percent...
Appeal for Sanitization in Construction Industry through Government Regulations: CIOB Ghana
Oct 29, 2014  
Rockson Dogbegah - The Chairman of the Chartered Institute of Building Ghana commented that the construction industry needs a thorough cleaning up and assurance of proper growth. Mr. Dogbegah also said that a few factors are extremely important for a proper development in the construction industry. These include keen adherence to standards, supreme sense of professionalism, and sheer pursuance...
Facebook Hints of Rise in Expenses in 2015, Shares Drop
Oct 29, 2014  
Facebook has announced on Tuesday that it is prepping for a dramatic rise in spending in the year 2015. This warning has come combined with a projected slowdown in the company’s revenues after revenues were analyzed at the end of the third quarter of the year. The plans of such hefty spending in the next financial year by the company are indicative of stress in the investor...
Samsung Records Poorest Profits in Q3 2014
Oct 29, 2014  
In the quarter ending September 2014, Samsung Electronics Co. Ltd registered the smallest earnings ever in two years. The drop in earnings can be easily attributed to heavy competition from new Chinese devices and the Apple phones. The net income stood at US$4 billion for the South Korea-based company. Apple has been Samsung’s strongest contender ever since the latter entered the...