China’s top 10 private banks held over 7.5 trillion yuan (US$1.1 trillion) in client assets at the end of 2016, an annual 22 per cent increase. Photo: Frank Cheng

Assets held by private banks in China surge 22pc in value

China’s top 10 private banks see average asset under management grow 35 per cent annually since 2012

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China’s top 10 private banks held over 7.5 trillion yuan (US$1.1 trillion) in client assets at the end of 2016, an annual 22 per cent increase. Photo: Frank Cheng
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