With more than 185,600 HNWI in Hong Kong with an average wealth of US$4.7 million per person, the competition for their assets has become fierce. Domestic and international banks are the most advanced in the Asia Pacific, leveraging global resources and expertise to ensure that they maintain their HNWIs’ wallet share and acquire the rising wealth of immigrants from China and Southeast Asia.
This report evaluates Hong Kong’s HNWI behaviors, the changes in Hong Kong wealth management regulations, the competitive landscape, and the various wealth management products and their demand in the market. The report also thoroughly analyses the playing field for Hong Kong commercial banks, from domestic to foreign.
This report is completed by two surveys: The first survey interviews 100 HNWI throughout Hong Kong to learn their needs, their changes, and how they view wealth management in Hong Kong. The second survey interviews 20 major banks in Hong Kong to learn about emerging trends in wealth management in Hong Kong and the country’s
Our analysts across London, New York, Singapore and Hong Kong survey the globe's top bankers to acquire detailed insights for our reports.