TOPIC

China’s nouveau riche

China’s nouveau riche
The latest news, analysis and opinion on China’s nouveau riche. In-depth analysis, industry insights and expert opinion.
China’s securities association plans to penalise companies whose staff flaunt their wealth. Photo: Handout
Banking & finance

Stop ‘flaunting wealth’, Chinese bankers told in new guidelines

The draft rules will penalise securities firms if their staff indulge in ‘excessive luxury’, but reward them for spreading ‘positive messages’ in the media.

10 Mar 2025 - 9:00AMvideocam
7
Trending in China

Profile | China influencer flaunts wealth, is loved for being honest about riches

23 Apr 2024 - 9:22AM
Banking & finance

Asia-Pacific family offices grow wealth faster on risky assets like crypto

17 Nov 2021 - 5:30PM
Concentrated wealth

Beijing has more dollar billionaires than New York, the home of capitalism

The Chinese capital added 33 billionaires and now hosts 100, narrowly beating out New York, which added seven billionaires last year and currently hosts 99, according to the 2021 Forbes World’s Billionaires List.

7 Apr 2021 - 6:57PMvideocam
26
Zhang Yiming, the founder of TikTok and CEO of parent firm ByteDance, is Beijing’s richest resident. Photo: Imaginechina
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement