1. Friday May 25, 2018
      Home > News > Society
      Text:| Print|

      The rich tend to invest in housing, stocks

      2013-02-07 11:37 China Daily     Web Editor: qindexing comment

      Wealthy families in China are becoming increasingly willing to invest in real estate and the stock market, fueled by rising confidence in the economy, according to a key index.

      The Climate Index of China's Wealth, compiled by Bank of Communications, gained 12 points to 129, much higher than the same period last year, according to a report released on Tuesday.

      The index, released once every two months, was based on a survey of nearly 2,000 families who have annual after-tax income of more than 50,000 yuan ($8,020).

      The index takes into account the surveyed families' income growth and investment return over the past six months, as well as their expectations for the next six months. A level above 100 suggests their wealth has been expanding, while a level below 100 means contraction.

      All three sub-indicators of the headline index, on the macro-economy, income growth, and investment willingness, indicate expansion, with the macro economy sub-index rising the most, at 17 points.

      Lian Ping, chief economist with the bank, said a warming economy, improving company profits, and better market liquidity have led to a strong capital market recently, and "optimism is spreading in the market with the continuous upward trend".

      The Shanghai Composite Index has increased steadily, rising more than 20 percent over the past two months, from 1,959 on Dec 3 to 2,434 at Wednesday's close.

      The survey found wealthy families are becoming increasingly willing to invest, not only in the stock market, but on the futures market as well.

      Fixed-income wealth management products and noble metals - those that are resistant to corrosion and oxidation in moist air - remain the top two choices on the "to invest" list among the families surveyed, with willingness to invest in these products still increasing.

      But the stock market remains the place where most of the families surveyed put their money, followed by fund investment and fixed-income wealth management products.

      Willingness to buy properties is at its highest for the past 30 months, the survey showed, with more families expecting a rise in housing prices.

      "A bullish property market was the result of an increasing income level among residents, and an increasing sales volume encouraging more buyers to enter the market," Lian said.

      Land sales figures in China's 10 key cities almost tripled in January, while new-home prices rose 1 percent last month, the eighth consecutive monthly increase.

      The survey recorded the sharpest rise in the willingness to buy property was among families with after-tax annual income of between 100,000 and 300,000 yuan, while those with annual income of more than 300,000 yuan or less than 100,000 yuan are less inclined to invest in housing.

      Half of the families surveyed said they are satisfied with their current income level, and most expect an income rise in the future, according to the survey.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 久久久久亚洲AV无码网站| 麻豆亚洲AV成人无码久久精品 | 免费观看美女裸体网站| 久久精品免费电影| 成人无码WWW免费视频| 亚洲专区中文字幕| 亚洲精品无码人妻无码| 亚洲av无码专区在线观看亚| 精品特级一级毛片免费观看| 一级毛片大全免费播放| 国产又大又粗又长免费视频| 性生交片免费无码看人| 成人超污免费网站在线看| www.亚洲一区| 4480yy私人影院亚洲| 美国毛片亚洲社区在线观看| 无码人妻久久一区二区三区免费 | 亚洲五月综合网色九月色| eeuss免费天堂影院| 最近免费视频中文字幕大全| 天天干在线免费视频| 亚洲av永久无码精品国产精品| 亚洲欧洲国产经精品香蕉网| 免费播放国产性色生活片| 大桥未久亚洲无av码在线| 免费在线观看a级毛片| 狠狠综合久久综合88亚洲| 国产亚洲精品成人AA片| 福利片免费一区二区三区| 无码国模国产在线观看免费| 狠狠色伊人亚洲综合网站色| 57pao国产成永久免费视频| 好吊妞视频免费视频| 中文字幕亚洲综合久久| 国产亚洲精品第一综合| 亚洲黄色免费在线观看| 亚洲精品狼友在线播放| 免费人成又黄又爽的视频在线电影| 成人免费观看一区二区| 亚洲高清在线观看| 成人免费ā片在线观看|