Most Chinese middle class do not have a comprehensive wealth management plan, despite growing affluence in the mainland. Photo: AFP Most Chinese middle class do not have a comprehensive wealth management plan, despite growing affluence in the mainland. Photo: AFP
Most Chinese middle class do not have a comprehensive wealth management plan, despite growing affluence in the mainland. Photo: AFP
Daniel Ren
Opinion

Opinion

Across The Border by Daniel Ren

Affluent Chinese investors lack concrete wealth management plans

Study finds that China’s increasingly affluent middle-class lack comprehensive wealth management plans and have conceded that it may be impossible to reach financial goals

Most Chinese middle class do not have a comprehensive wealth management plan, despite growing affluence in the mainland. Photo: AFP Most Chinese middle class do not have a comprehensive wealth management plan, despite growing affluence in the mainland. Photo: AFP
Most Chinese middle class do not have a comprehensive wealth management plan, despite growing affluence in the mainland. Photo: AFP
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Daniel Ren

Daniel Ren

Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.