London, UK (PRWEB) December 16, 2013
The number of HNWIs in Hong Kong increased by just over 26% in 2012 and was equal to nearly 233,220. The combined value of their wealth was worth around USD 1.1 billion, with almost 40% of their wealth held abroad. In 2012, the real estate asset class captured a 35.6% share of Hong Kong’s total HNWI assets, which made it the dominant asset class. It was followed by business interests, equities and cash. In the same year, the number of UHNWIs was 3,308, with each holding around USD 104 million on average.
The number of HNWIs in Hong Kong will likely increase by 29% between 2013 and 2017, climbing to approximately 339,700 by the end of the forecast period. The HNWIs’ wealth is poised to grow by 34% through 2017 and amount to USD 1.7 billion by 2017.
In-demand research report “Hong Kong 2013 Wealth Book” worked out by WealthInsight has been recently published by Market Publishers Ltd.
Title: Hong Kong 2013 Wealth Book
Published: November, 2013
Price: US$ 4,995.00
The report contains a comprehensive overview of the Hong Kong HNWIs population along with an extensive analysis of Hong Kong’s wealth management market. The report uncovers valuable details on the HNWIs performance over 2007-2012; discloses important data on the asset allocations of HNWIs and UHNWIs across 13 asset classes; and also scrutinizes top-performing sectors. The research study provides an evaluation of the domestic wealth management industry and provides an in-depth analysis of the major drivers of HNWI wealth; examines prevailing industry trends; identifies challenges and opportunities of the wealth management and private banking sector. The research unveils the important information on the major market players, and offers a detailed forecast for the Hong Kong wealth management sector through 2017.
More insightful research reports by the publisher can be found at WealthInsight page.