ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China's property market woes fuel shift to wealth investments

Households may divest $18tn from housing into funds, equities by end of decade

HONG KONG -- Chinese households could shift some 127 trillion yuan ($18 trillion) into mutual funds and equities by 2030 as a property sector crisis shatters confidence in a bedrock investment, brokerage CLSA says.

Property made up about 37% of the country's personal assets last year. But a marked shift is underway that could see the property figure drop to 26% in less than a decade, while investments in bank and fund company wealth products were on track to shoot up to 21% from 13% last year, said Hans Fan, CLSA's Hong Kong-based head of China fintech and financial research.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more