Skip to Content
The WEALTHTECH Book
book

The WEALTHTECH Book

by Susanne Chishti, Thomas Puschmann
July 2018
Beginner
336 pages
11h 58m
English
Wiley
Content preview from The WEALTHTECH Book

How China is Shaping WealthTech and the Future of Financial Services

By Henri Arslanian

FinTech and RegTech Leader, Hong Kong, PwC

Over the past five years, China has emerged as the global leader in B2C FinTech, not only from an innovation perspective but in terms of adoption as well. China’s large tech firms and FinTech start-ups have transformed entire industries, from payments to peer-to-peer (P2P) lending. But can China also shape the future of the wealth management industry, capturing the mass affluent segment? And can the Chinese model be exported successfully, with innovation from China reshaping how things are done worldwide?

The Wealth Management Opportunity in China: From HNWIs to the Mass Affluent

China is on track to soon become one of the world’s largest markets of high-net-worth individuals (HNWIs). In 2015, China was estimated to have 2 million HNWIs; this is projected to double by 2020. During that period, China’s personal investable assets are expected to increase from CNY 113 trillion to CNY 200 trillion (about US$16 trillion to US$29 trillion). Both domestic and global private banks have been trying to capture this opportunity by focusing heavily on both the HNW and ultra-high-net-worth (UHNW) markets.

But increasingly, they have also begun to target the mass affluent segment, the more than 15 million Chinese consumers with investable assets of between US$100,000 and US$1 million. These are the lesser-known winners of China’s economic boom, who’ve climbed ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

The PAYTECH Book

The PAYTECH Book

Susanne Chishti, Tony Craddock, Robert Courtneidge, Markos Zachariadis
The INSURTECH Book

The INSURTECH Book

Sabine L.B VanderLinden, Shân M. Millie, Nicole Anderson, Susanne Chishti
The REGTECH Book

The REGTECH Book

Janos Barberis, Douglas W. Arner, Ross P. Buckley
Loved

Loved

Martina Lauchengco

Publisher Resources

ISBN: 9781119362159Purchase book