Faced with a changing economic environment and a trend towards a new era of Internet thinking, companies and families are headed towards transition and succession respectively, with a fast-growing demand for investment and financing. As the value of their wealth rises, companies and families must decide how to diversify fund risks, manage cross-border asset allocation, and pass their wealth on. With a growing number of Chinese private companies going global, these needs have attracted much attention. Private banking has been established in China; the issue now is how to combine the long-established private wealth management practices from developed countries with China’s unique circumstances in order to provide excellent services to China’s wealthy.
|Translated title of the contribution
|Wealth management of the Chinese Private Family Business
|Published - 1 Jan 2015
- Wealth management
- family business