High Net Worth Trends in Hong Kong to 2015

Synopsis

This report is the result of WealthInsight’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 WealthInsight HNWI Database, it provides key demographic breakdowns.

Summary

This report provides projections of the volume and wealth of Hong Kong’s HNWI and a comprehensive background of the Hong Kong economy. This includes demographic trends (2007-2011) and findings of the proprietary WealthInsight HNWI Database.

Scope

The report 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 and wealth trends from 2007 to 2011
• Volume and wealth forecasts to 2015
• Current insights into the drivers of HNWI wealth

Reasons To Buy

• The WealthInsight Intelligence Center Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the Database comprises up to one hundred data-points on over 100,000 HNWI, private banks, wealth managers and family offices around the world. With the Database as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.
• Comprehensive forecasts to 2015.

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.

Table of Contents

1 Introduction
1.1 What is this Report About?

2 Wealth Sector Fundamentals
2.1 Political Background of the Wealth Sector
2.2 Economic Background to the Wealth Sector
2.3 Benchmarking Hong Kong Wealth in Context

3 Findings from the WealthInsight HNWI Database
3.1 Trends in HNWI Wealth to 2015
3.1.1 HNWI trend analysis
3.1.2 HNWI volume trend analysis
3.1.3 HNWI wealth trend analysis
3.1.4 Per capita HNWI net worth trend analysis
3.1.5 Trends of the wealth bands
3.1.6 Demographic Breakdown of Hong Kong’s HNWI

4 Appendix
4.1 Pertinent Regulations
4.1.1 Regulations on banks
4.1.2 Regulations on foreign banks
4.1.3 Regulations on real estate
4.1.4 Regulations on foreign investment
4.1.5 Regulations on capital investment
4.1.6 Regulations on leverage buyouts and M&A
4.1.7 Regulations on hedge funds and derivatives
4.1.8 Regulations related to taxes
4.2 Key Economic Trends and Drivers
4.2.1 National wealth indicators
4.2.2 Financial market indicators
4.2.3 Banking indicators
4.2.4 Trade indicators
4.2.5 Other indicators

5 About WealthInsight

List of Tables

Table 1: HNWI Wealth Band and Group Definitions
Table 2: HNWIs – Volume by Wealth Band, 2007–2015
Table 3: HNWIs – Wealth by Wealth Band (US$ Billion), 2007–2015
Table 4: HNWIs – Per Capita Net Worth (US$ Million), 2007–2015
Table 5: HNWIs – Volume Distribution Wealth Pyramid (%), 2011
Table 6: HNWIs – Wealth Distribution Wealth Pyramid (%), 2011
Table 7: Real GDP Growth Rate (%), 2006–2015
Table 8: GDP Per Capita, 2006–2015
Table 9: Gross Savings as a Percentage of Real GDP, 2006–2015
Table 10: Domestic Market Capitalization and P/E Ratio, 2006–2010
Table 11: Housing Price Index, 2006–2010
Table 12: Commodity Indices, 2006–2015
Table 13: Foreign Direct Investment (US$ Billion), 2006–2015
Table 14: Investments of FIIs in Equity Products, 2006–2009
Table 15: Inflation Rate (%), 2006–2015
Table 16: Repo Rate (%), 2006–2015
Table 17: Balance of Payments (US$ Billion), 2006–2010
Table 18: Stock Market Performance, 2006–2010
Table 19: External and Fiscal Debt as Percentage of GDP, 2006–2015
Table 20: HNWIs Wealth vs GDP Ratio, 2006–2010
Table 21: Capital Formation as a Percentage of GDP, 2006–2015
Table 22: Disposable Income as a Percentage of GDP, 2006–2015

List of Figures

Figure 1: HNWI Wealth Band and Group Definitions
Figure 2: HNWI Wealth Sector Market Attractiveness, 2007–2015
Figure 3: HNWIs – Hong Kong vs Rest of the World and the Asia-Pacific Region
Figure 4: HNWIs – Growth Factor Correlation, 2007–2011
Figure 5: HNWIs – Volume by Wealth Band, 2007–2015
Figure 6: HNWIs – Wealth by Wealth Band (US$ Billion), 2007–2015
Figure 7: HNWIs – Per Capita Net Worth (US$ Million), 2007–2015
Figure 8: HNWIs – Volume Distribution Wealth Pyramid, 2011
Figure 9: HNWIs – Wealth Distribution Wealth Pyramid, 2011
Figure 10: HNWIs – Average Age by Wealth Band (Years), 2011
Figure 11: Real GDP Growth (%), 2006–2015
Figure 12: GDP Per Capita, 2006–2015
Figure 13: Gross Savings as a Percentage of Real GDP, 2006–2015
Figure 14: Domestic Market Capitalization and P/E Ratio, 2006–2010
Figure 15: Housing Price Index, 2006–2010
Figure 16: Commodity Indices, 2006–2015
Figure 17: Foreign Direct Investment (US$ Billion), 2006–2015
Figure 18: Investments of FIIs in Equity Products, 2006–2009
Figure 19: Inflation Rate (%), 2006–2015
Figure 20: Repo Rate (%), 2006–2015
Figure 21: Balance of Payments (US$ Billion), 2006–2010
Figure 22: Stock Market Performance, 2006–2010
Figure 23: External and Fiscal Debt as Percentage of GDP, 2006–2015
Figure 24: HNWIs Wealth vs GDP Ratio, 2006–2010
Figure 25: Capital Formation as a Percentage of GDP, 2006–2015
Figure 26: Disposable Income as a Percentage of GDP, 2006–2015