2014 Hong Kong Wealth Market and China UHNWIs Research Reports

DALLAS, December 9, 2014 /PRNewswire/ --

MarketReportsStore.com adds "Hong Kong Wealth Report 2014" and "Ultra HNWIs in China in 2014" market research reports in the banking and financial services industry research collection of its online business intelligence library.

According to the Hong Kong Wealth Report 2014, over the forecast period, allocations in commodities are expected to decline to 1% of total HNWI assets by 2018, as global liquidity will tighten due to a forecast near-term drop in demand for raw materials from China. In 2013, real estate was the largest asset class for Hong Kong HNWIs, with fewer than 35% of total HNWI assets, followed by business interests with 23%, equities with under 18%, cash and deposits with 11.5%, fixed-income with 8%, and alternatives with over 4%. Read more on Hong Kong Wealth Report 2014 .

The Hong Kong Wealth Report 2014 says there were 185,055 HNWIs in Hong Kong in 2013. These HNWIs held US$1.04 trillion in wealth, and wealth per HNWI was US$5.62 million. In 2013, Hong Kong HNWI numbers increased by 3.2%, following a 4.6% increase in 2012. HNWI wealth and volumes are expected to grow over the forecast period. The number of Hong Kong HNWIs is forecast to grow by 18.3%, reaching 228,903 by 2018, and HNWI wealth is expected to grow by 26.4%, reaching US$1.4 trillion by 2018. At the end of 2013, Hong Kong HNWIs held 40.6% (US$423.0 billion) of their wealth outside their home country, which is higher than the worldwide average of 20-30%.

This Hong Kong wealth management report for 2014 and beyond 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 2018 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. Order a copy of this research at http://marketreportsstore.com/purchase?rname=22052 .

The Ultra HNWIs in China in 2014 market research 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. The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's UHNWIs have performed through the crisis.

The Ultra HNWIs in China in 2014 market research report expects the number of UHNWIs to increase by 27.2%, to reach 10,853 in 2018. This will include 242billionaires, 3,627 centimillionaires and 6,985 affluent millionaires. There were 7,905 UHNWIs in China in 2013, with an average per capita wealth of US$140.4 million, making them a prime target group for wealth sector professionals. Of this total, there were 172billionaires, 2,639 centimillionaires and 5,093 affluent millionaires. UHNWIs accounted for 0.6% of the total Chinese HNWI population in 2013; lower than the global average of 0.7%. The number of Chinese UHNWIs increased by 81.5% during the review period, from 4,356 in 2009 to 7,905 in 2013. There was a wide range of performance between the different UHNWI wealth bands; while the number of billionaires increased by 182.0%, the number of centimillionaires and affluent millionaires increased by 88.4% and 76.0% respectively.

Scope of this Chinese Ultra HNWIs market 2014 report covers data and information on UHNWI volume, wealth and allocation trends from 2009 to 2013, UHNWI volume, wealth and allocation forecasts to 2018, UHNWI asset allocations across 13 asset classes, Number of UHNWIs in each state and all major cities, Fastest growing cities and states for UHNWIs (2009-2013), 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 and insights into the drivers of China's HNWI wealth. Order a copy of this report at http://marketreportsstore.com/purchase?rname=21995 .

Explore more reports on the banking and financial services industry at http://marketreportsstore.com/category/banking-finance/ and other newly published research by WealthInsight at http://marketreportsstore.com/wealthinsight/ ..

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