Onlookers bullish that China’s onshore wealth management sector could surge by five-fold

23 February 2015 | 2 minutes read

A rapidly growing pool of wealth, indications of zeal to reform the financial sector and a maturing market are all fuelling optimism in China’s wealth management prospects, with one report estimating that its size could witness a five-fold increase by 2020. According to a CITIC Securities survey, the wealth management industry in China in 2014 is believed to be a RMB46…

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