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.

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