Archive for 10:15 PM

The “Private Banking White Paper 2011” talked to individuals with assets of more than 10 million yuan (US$1.57 million) in18 cities to find out how China’s super rich manage their wealth. The average asset holdings of the 980 surveyed are 60 million yuan (US$9.44 million), with the average age of 42. Where do China’s millionaires [...]

I have just returned from a flying visit visit to Beijing China and I mean flying. I left on Wednesday, arrived in Beijing Thursday and and was back late Saturday. I went to give two talks for The Hurun Report “A magazine Targeted at China’s high net worth individuals. Hurun Report is widely recognized as [...]