Wealth in Hong Kong: Sizing the Market Opportunity 2017: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Almost 60% of the Hong Kong adult population is considered affluent, comparable to markets in the developed West like Switzerland, while wealth growth rates still resemble those found in emerging markets. Growth going forward will be moderated by weaker economic performance in China, but with the wealthiest individuals’ (those holding more than $10m in liquid assets) wealth forecast to achieve a compound annual growth rate (CAGR) of 10.24% over the years to 2020, Hong Kong retains much of its allure as a source of new clients for wealth managers. Key Findings Affluent individuals constituted almost 60% of the total adult population in Hong Kong at the end of 2016, making it a very attractive market for wealth managers. HNW individuals accounted for 1.72% of the population. Retail savings and investments are dominated by deposits, and this trend is not expected to change. Despite the strong bias of Hong Kong investors towards deposits, a positive growth outlook is forecast for all asset classes over 2017-20. Investments in non-traditional asset classes are on the rise in the HNW segment, and they currently constitute 16% of the typical Hong Kong HNW investor’s portfolio, with real estate investment trusts (REITs) being the leading driver of this growth. 50% of Hong Kong HNW wealth is booked offshore, mostly in the US. Better investment options and returns are the main drivers for investing offshore. Synopsis GlobalData’s “Wealth in Hong Kong: Sizing the Market Opportunity 2017” analyzes the Hong Kong wealth and retail savings and investments markets, with a focus on the HNW segment. The report is based on our proprietary datasets. Specifically the report: Sizes the affluent market (both by number of individuals and the value of their liquid assets) using our proprietary datasets. Analyzes which asset classes are favored by Hong Kong’s investors and how their preferences impact the growth of the total savings and investments market. Examines HNW clients’ attitudes towards non-liquid investments, such as property and commodities. Identifies key drivers and booking centers for offshore investments. Examines the tax landscape in Hong Kong and future implications for investors. Reasons to Buy Benchmark your share of the Hong Kong wealth market against the current market size. Forecast your future growth prospects using our projections for the market to 2020. Identify your most promising client segment by analyzing penetration of affluent individuals in Hong Kong. Evaluate your HNW proposition by understanding how Hong Kong’s tax system impacts HNW clients. Review your offshore strategy by identifying HNW motivations for offshore investments and their preferred booking centers. Source:https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/wealth-hong-kong-sizing-the-market-opportunity-2017/82343-93.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124- 4230204 www.kenresearch.com Post Views: 1 Tags: Hong Kong Wealth Market, Wealth in Hong Kong Companies Revenue, Wealth in Hong Kong Competition Analysis, Wealth in Hong Kong Future Analysis, Wealth in Hong Kong Industry Size, Wealth in Hong Kong Market Analysis, Wealth in Hong Kong Market CAGR, Wealth in Hong Kong Market Forecast, Wealth in Hong Kong Market Insight, Wealth in Hong Kong Market Outlook, Wealth in Hong Kong market research report, Wealth in Hong Kong Market Segmentation, Wealth in Hong Kong Market Size, Wealth in Hong Kong Sales Growth, Wealth in Hong Kong Sector Growth, Wealth in Hong Kong: Sizing the Market Opportunity 2017