Latest News:  


Overseas investment destination: Hong Kong, the United States and Singapore

(People's Daily Online)

14:18, January 21, 2013

Report on the rich in China released

Beijing leads nation on rich list

1 pct of the rich are unmarried
In 2012, the assets of the wealthy Chinese accelerate moving overseas. The proportion of people with overseas assets reached 25 percent, increasing by 8 percentage points more than in 2011.

Wealthy Chinese overseas prefer purchase of real estate and stocks. Viewed from the use of offshore financial penetration, Sichuan, Guangdong and other regions were significantly higher than the market average. The absolute number of high net worth clients in Beijing is high, but the use of offshore financial is relatively low, so there is a large market potential.

In terms of choice of overseas investment destinations, Hong Kong, the United States and Canada are the main choices of high net worth clients. These three places absorb 60 percent of the overseas assets of high net worth clients.

Driving factors for high net worth customers choose Hong Kong, the United States and Switzerland as offshore wealth management destination are immigration and their children studying abroad, as well as increasing the value of assets, while core purpose of choosing Switzerland is the preservation, appreciation, security and privacy of the assets.

Edited and translated by Huang Beibei, People's Daily Online

Read the Chinese version:揭秘中国富人地图
Source: China Economic Weekly
Author:Liu Yonggang

【1】 【2】

We recommend:

KFC apologizes for unqualified chicken supply

Li Ka-shing named Hong Kong's richest again

1st individual user of grid-connected PV power

Price cut for 20 types of drugs

Top Ten Economic Events in 2012

Demand for gold rises with diversify reserve holdings


Leave your comment0 comments

  1. Name


Selections for you

  1. Fighters in combat readiness cruise

  2. WZ-10 armed helicopters in training

  3. Unforgettable moments you cannot miss in Jan.

  4. Space centers around world

  5. China’s weekly story (2013.01.09-01.19)

  6. Life in Beijing on 10,000 yuan a month

  7. Characters of 'Journey to the West'

  8. Chinese animation films getting stronger

  9. Sinopec aims to sweeten energy supply

  10. Love me, if you dare

Most Popular


  1. Obama's second term brings new opportunities
  2. Happy Indian mentality keeps on rising
  3. Consumption cannot be only driver
  4. China to stick to own path in maritime exploration
  5. Learning the language of affection
  6. Don't buy a house before 35 years old?
  7. Anti-pollution plan gets mixed reviews
  8. Emotional abuse to child cannot be neglected
  9. US' dangerous stance
  10. What election means to Israel

What’s happening in China

This is the most real, most helpless and most motivate life expense of Beijing!

  1. Woman in sex videotape accuses official of rape
  2. Chinese authorities ban 55 TV ads
  3. Snow scenery of Yumen, China's Gansu
  4. Yellow River frozen by cold snap
  5. Database gives hope to abducted children