Shenzhen, China, is the fastest-growing wealth hub in the world, home to 50,800 millionaires, 156 centimillionaires, and 22 ...

“Today’s bill: 108,876 kuai,” or more than $17,000, he said after checking out from the hotel in Chengdu, China ... of wealth. “We all know, just because people are not showing pictures ...

SHANGHAI, Nov 5 (Reuters) - China's property sector woes have shed light on a unique off-balance-sheet funding source used by the industry called wealth management products (WMPs) and often sold ...

HONG KONG — Online influencers known for their luxurious lifestyles are disappearing from Chinese social media amid a government crackdown on conspicuous displays of wealth. One of them ...

Many high-net-worth Chinese individuals are transferring wealth out of the country and some are also choosing to leave the country. In 2023, 13,800 Chinese millionaires left the nation ...

The term "laoqian" in China also refers to a group of people whose wealth has stacked up over several generations. Think the scions of property moguls and political power players, the fuerdai who ...

The current investment direction of wealthy Chinese investors is a "conservative" one, wealth managers told CNBC. Luxury residences, especially in Shanghai, have been a favorite of local HNWIs and ...

But the city-state has stepped up scrutiny of inbound Chinese wealth. Singapore recently denied two Chinese individuals permission to set up a family office, a common way to acquire citizenship ...