Wealth Management Takes a Digital Balance: Striking the Right Balance Between Tradition and Innovation
5 months ago

Wealth Management Takes a Digital Balance: Striking the Right Balance Between Tradition and Innovation

China Daily  

Wealth managers in Hong Kong are transitioning towards a hybrid model that combines the traditional in-person approach with digital innovations. The survey revealed that 93 percent of the participants have increased their utilization of digital platforms for wealth management activities in the past two years, with 47 percent noting a significant rise. The city's wealth management industry is embarking on a period of change facilitated by rapidly advancing digital technologies that enable wealth managers to cater to a diverse clientele, embracing the mass affluent segment and a new generation of high-net-worth or ultra-high-net-worth individuals.

Law Technology Finance Wealth Management  wealth  balance  managers  digital  kongs  clients  citys  technology  management  strike  hong  advisers  investment

History of this topic

Are you ready for the new wealth management landscape? Key insights for 2025
2 weeks, 6 days ago

Are you ready for the new wealth management landscape? Key insights for 2025

Live Mint  

As the global landscape of wealth management evolves, so do the expectations of affluent investors. Core expectations – tailored advice, product access, and alternatives According to a recent report, The Wealth Index, by 360 ONE Wealth in association with CRISIL, wealthy investors place high importance on three key services from wealth managers: advisory services, product selection and distribution, and alternative …

Wealth Management Takes a Digital Balance: Striking the Right Balance Between Tradition and Innovation
5 months ago

Wealth Management Takes a Digital Balance: Striking the Right Balance Between Tradition and Innovation

China Daily  

Wealth managers in Hong Kong are transitioning towards a hybrid model that combines traditional in-person consultations with digital platforms to cater to a diverse clientele. The survey revealed that 93 percent of the participants have increased their utilization of digital platforms for wealth management activities in the past two years, with 47 percent noting a significant rise. The city's wealth …

Chinese investors’ rush for offshore assets spurs Hong Kong wealth inflows
9 months ago

Chinese investors’ rush for offshore assets spurs Hong Kong wealth inflows

Live Mint  

By Xie Yu HONG KONG, June 17 - Hong Kong investment products such as insurance and high-yield time deposits are seeing resurgent demand from wealthy Chinese who are aiming to shield returns from a domestic economic and property sector downturn and also a weaker currency. The trend became evident last year but has accelerated in recent months after China relaxed …

6 emerging trends that are the talk of the wealth management space in 2023
1 year, 11 months ago

6 emerging trends that are the talk of the wealth management space in 2023

Live Mint  

The wealth management industry is evolving, and several innovations and trends are shaping its future. Wealth creation, customised investment strategies, digitalisation, succession planning, and access to alternative asset classes are some of the key areas of focus. A robust wealth creation engine: The wealth management industry will continue to grow in terms of wealth creation, especially from the tech and …

Wealth forum demonstrates economic transformation
2 years, 7 months ago

Wealth forum demonstrates economic transformation

China Daily  

Party official touts the advanced construction of modern socialist metropolis The China Wealth Forum kicked off on July 30 in the coastal city of Qingdao, Shandong province, giving impetus to the region's economic transformation and building a new development pattern with financial initiatives. In February 2014, the State Council, together with 11 national ministries and commissions including the People's Bank …

As China tightens grip, Hong Kong’s luster as ‘world city’ dims
2 years, 8 months ago

As China tightens grip, Hong Kong’s luster as ‘world city’ dims

Al Jazeera  

Tens of thousands of residents are exiting the former British colony as Beijing reshapes life in the city. In a survey carried out by the American Chamber of Commerce of Hong Kong last year, more than 40 percent of expats said they were planning to leave or considering it, mostly due to concerns over a draconian national security law imposed …

Innovative wealth pilot major hit in GBA
3 years, 3 months ago

Innovative wealth pilot major hit in GBA

China Daily  

Daniel Chan, head of Greater Bay Area at HSBC Bank Co Ltd, poses for a photo. The Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area has received a warm response from local investors since the first batch of banks participating in the program launched such services on Oct 19. Ever since the services were launched, …

What is required for a career in wealth management
4 years, 4 months ago

What is required for a career in wealth management

The Hindu  

Wealth management is about managing and preserving existing wealth and trying to identify opportunities to accumulate more for corporates/institutions, High Net-Worth Individuals and Ultra HNIs. Hence, the need for an experienced wealth manager who will minimise the risk of loss and smoothly navigate one’s financial journey through uncertain economic conditions and achieve his/her targets. The above facts strongly indicate the …

Next three years crucial for wealth management sector[1]- Chinadaily.com.cn
9 years, 7 months ago

Next three years crucial for wealth management sector[1]- Chinadaily.com.cn

China Daily  

Yang Dong, CEO of Star Wealth Co China's wealth management industry will see rapid growth under the "Internet Plus" drive, whereas interest rate liberalization will ensure healthier development, said an industry veteran. "The next three years will be crucial for the industry," said Yang Dong, CEO of Star Wealth Co, adding that as asset pricing moves to be more market-driven …

Technology to remake wealth management
10 years, 7 months ago

Technology to remake wealth management

China Daily  

The speed at which Asia is creating wealth is increasing the demand for the creation of wealth management solutions and the digital revolution will change the way Asians manage their wealth, said Singapore bankers. Tan Su Shan, group head of consumer banking and wealth management of DBS Bank Ltd, the largest lender in Southeast Asia by assets, said the wealth …

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