Bank Of East Asia Ltd. · HKEX:23
Bank Of East Asia — The Bank of East Asia — Investor Presentation (May 2021)
11 slides from Bank Of East Asia's investor presentation, May 5, 2021
Slide 1: Investment Preferences of Mainland and Hong Kong High-Net-Worth Individuals
Investment Preferences of Mainland and Hong Kong High-Net-Worth Individuals Economic Research Department 5th May, 2021
Slide 2: Strong growth of financial wealth among high-net-worth individuals (HNWIs)
Strong growth of financial wealth among high-net-worth individuals (HNWIs) Global HNWI financial wealth by region Big potential for China’s wealth management business (USD trillion) Asia-Pacific North America Europe Ultra high-net-worth individuals' wealth as Latin America Middle East Africa % of GD
Slide 3: China expected to see particular growth in HNWI wealth
China expected to see particular growth in HNWI wealth AUM in China to see strong growth over the next …and HNWIs are keen to invest overseas for greater few years… diversification China’s assets under management (AUM) Chinese HNWIs’ overseas investment destinations 250 Hong Kong 33% CAGR 2019-2025
Slide 4: China's HNWIs are turning to more sophisticated products
China’s HNWIs are turning to more sophisticated products Though property investment is still the top priority, Currently, deposits account for a significant portion mainland HNWIs are more interested in funds and of Chinese HNWIs’ investable assets fixed-income assets China’s investable assets by ca
Slide 5: Greater Bay Area – China's most affluent region
Greater Bay Area – China’s most affluent region Guangdong province has China’s largest number of GBA: An economically affluent and fast-growing region high-net-worth households Share of households with investable assets • Population of over 70 million of CNY 10 million or above • Combined GDP of USD
Slide 6: Mainland China is the core driver for HK's private wealth management industry
Mainland China is the core driver for HK’s private wealth management industry Hong Kong-based AUM in private wealth Mainland China is the world’s largest growth management industry by place of origin opportunity, with the GBA being the key driver Mainland China Hong Kong Key growth opportunity strat
Slide 7: The fastest-growing segment in HK's private wealth management industry
The fastest-growing segment in HK’s private wealth management industry GBA Wealth Management Connect (WMC) Hong Kong is the world’s second-biggest hub for is poised to take off cross-border wealth Cross-border wealth, 2019 (USD trillion) • Residents in mainland GBA cities can invest in eligible inve
Slide 8: Family offices and next generation present important new growth opportunities for Hong Kong's private wealth management industry
Family offices and next generation present important new growth opportunities for Hong Kong’s private wealth management industry Next generation in the process of taking over from 1st- More family offices to set up in Hong Kong generation entrepreneurs • 73% of surveyed firms said family offices are
Slide 9: Potential for Hong Kong HNWIs' to diversify their investments through WMC
Potential for Hong Kong HNWIs’ to diversify their investments through WMC Net asset allocation of HK’s multi-millionaires Investment by HK’s multi-millionaires in the (net assets > HK$10 million) previous 3 months Stock 77% Funds & Foreign currency 73% Bonds Others RMB 54% 5% Stocks 3% Mutual funds
Slide 10: Disclaimer
Disclaimer This document is prepared by The Bank of East Asia, Limited (“BEA”) for customer reference only. Other than disclosures relating to BEA, the content is based on information available to the public and reasonably believed to be reliable, but has not been independently verified. Any project
Slide 11: For further information please contact Economic Research Department
For further information please contact Economic Research Department Celia Lam Annie Wong Mary Kwan LAMCYH1@hkbea.com WONGAYK@hkbea.com KWANMHT@hkbea.com 3609 1542 3609 1534 3609 1543
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