Foreign banks eye the mega-rich in China

Real Estate

Saturday, August 30, 2008 05:51:48

	Foreign banks eye the mega-rich in China By AMY CHEUNG Published: October 09, 2006 06:11 AM With the opening up of China’s finance sector, foreign banks scurry to position proposing to manage wealth for Chinese households with average annual assets above 50 million US dollars, 60 percent of which are with own privately-held companies. What is the market’s outlook? You are currently reading 45 words of 303 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: IT , finance , China Banking , economic growth , UBS , HSBC , management , US Dollar , EA , wealth management	More Articles in Real Estate > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Ascendas plans to triple office space presence Ascendas launches IT park in Dalian Lujiazui Finance net profit surges on leasing revenue FuramaXpress to launch business inn in Pudong Financing rules eased for affordable housing developers Central bank clarifies second home definition Controls on foreign capital in property market tweaked

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