DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/934393/hong_kong_future) has announced the addition of the "Hong Kong - Future of HNWI to 2015: Centre of Finance, Centre of Wealth" report to their offering.
Hong Kong offers tremendous opportunities for the private banking industry as a result its relationship with mainland China and its status as a global financial centre.
The report titled "Hong Kong - Future of HNWI to 2015: Centre of Finance, Centre of Wealth" is the result of Wealth Insight's extensive research covering the HNWI population and Wealth Management industry in Hong Kong. It provides market size and forecasts of the HNWI population. By leveraging the Wealth Insight HNWI Database, it provides key demographic breakdowns.
Key Features:
- Independent market sizing of Hong Kong's HNWI
- Most up to date and thorough analysis of the demographic breakdown of Hong Kong's HNWI
- Volume, wealth and allocation forecasts to 2015
- Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in Hong Kong
- Current insights into the drivers of HNWI wealth
- Family office information
- Information on sources of wealth for HNWIs in each major city, by industry and other measures.
Key Highlights:
There are just over 184,700 HNWI in Hong Kong with an average wealth of US$4.6 million per person and a combined wealth of US$845 billion.
After Singapore, Hong Kong has the second highest population density of HNWI in the world - approximately 1 in 40 Hong Kongers are a HNWI.
Following a 50% fall in 2008, HNWI volumes increased significantly in 2009 (77%) and 2010 (28%). The growth for these two years was the highest of anywhere in the world, as the entry of new HNWI from China and strong local property markets boosted performance. This growth did not continue into 2011, however, as HNWI volumes, constrained by the poor performance of local and international equity markets, grew by only 4% in 2011.
The number of Hong Kong's HNWI is expected to rise by 39% (8.5% pa) from 2011 to 2015, reaching over 256,000 individuals by 2015, while HNWI wealth will grow by 41% (9.0% pa), reaching US$1.2 trillion in 2015.
Reasons To Buy:
The Wealth Insight HNWI Database is an unparalleled resource and the leading database of its kind. Compiled and curated by a team of expert research specialists, the HNWI Database comprises up to one hundred data-points on over 100,000 HNWI around the world. With the HNWI Database as the foundation for research and analysis, an unsurpassed level of granularity, insight and authority was obtained on the HNWI universe in each of the countries and regions covered.
For more information visit http://www.researchandmarkets.com/research/934393/hong_kong_future