China’s rich will likely have about US$18 trillion in investable assets by the end of 2025, new research by UBS shows, highlighting the potential of strong demand for private banking (PB) services. By end-2025E, UBS expects HNWIs’ investable assets in mainland China to reach RMB 116 trillion (US$17.95 trillion), more than double the level in 2019, according to UBS Global…
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