About 4 in 5 young, affluent investors in mainland China turn to offshore assets: study

Young Chinese investors are increasingly turning to offshore assets for wealth preservation and diversification, with more than four-fifths of those surveyed reporting some exposure outside mainland China, a recent study by the CFA Institute showed. About 81 per cent of young Chinese investors surveyed had offshore investments, with such assets accounting for an average 43 per cent of their portfolios, according to the report. The study, conducted in December by the CFA Institute – which trains...