Tuesday, February 19, 2008

Learn Mandarin online - HSBC: Wealthy Shanghainese need financial planning services

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HSBC: Wealthy Shanghainese need financial planning services

www.chinanews.cn 2007-04-28 15:51:55

Chinanews, Shanghai, April 28 - HSBC conducted a general survey, finding
most wealthy Shanghainese are more interested in setting up businesses of
their own, and in financial planning services, than wealthy people in
other big cities in the world.
The survey covered Shanghai, Hong Kong, Bombay, Singapore and Sydney.
About 72% of respondents from Shanghai believe operating businesses of
their own is the best symbol of their wealth and success, while some 70%
of all the respondents think health is more important than wealth (the
choice of 62% of them) and properties (the choice of 54% of them).
Shanghainese are interested in financial planning services, particularly
such services offered by banks. 59% of respondents from Shanghai say that
they often consult financial planning agencies on the information of
their latest products, while the figure in Bombay, Hong Kong, Singapore
and Sydney are 49%, 44%, 37% and 28% respectively.

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