China drives Asia's wealth management

Finance | Edmund Koh

Asia Pacific remains one of the most exciting wealth management markets globally. Driving this is China's important high-net worth, or HNW, market, contributing to over 50 percent of the growth in the region, excluding Japan, by 2015.

HNW wealth in China's first-tier cities represents about 20 percent of China's HNW wealth, while in second-tier cities it represents more than 30 percent. Although offshore investments are becoming more popular, main investment activities are still carried out onshore in China.