投资界·2026-01-24 07:58Core Insights - The report from HSBC reveals that individuals in mainland China typically need to accumulate HKD 10 million in liquid assets by the age of 43, taking an average of 10 years to transition from HKD 1 million to HKD 10 million [3][7]. - The threshold for being considered "middle class" in mainland China is defined as having liquid assets of approximately RMB 6.93 million, reflecting a shift in understanding from ownership of fixed assets to the availability of disposable income [4][5]. Investment Trends - A significant change in wealth accumulation strategies is noted, with over 60% of respondents believing that holding cash is no longer effective against inflation, prompting 79% to diversify their investments [10][12]. - The preference for real estate as a primary income source is declining, with only 28% planning to invest in property over the next five years, compared to 80% who favor income from investments [15][16]. Asset Allocation Shifts - There is a notable increase in the intention to invest in various financial products, particularly stocks, which are expected to see a 23% increase in allocation. Gold and precious metals are also gaining attention as hedges against inflation [18][19]. - The focus on high-growth sectors such as hard technology, biomedical, renewable energy, semiconductors, and artificial intelligence is prevalent, with over 47% of respondents expressing confidence in these industries [18][19]. Comparative Analysis with Hong Kong - Hong Kong millionaires achieve their first HKD 10 million at an average age of 39, taking 8 years to reach this milestone, indicating a faster wealth accumulation compared to their mainland counterparts [21][22]. - The investment strategies of Hong Kong millionaires emphasize active management and leverage, with 88% indicating a willingness to use financing for higher returns, contrasting with the more conservative approach observed in mainland China [23][24]. Long-term Wealth Management - The report highlights the importance of long-term planning, with 80% of Hong Kong millionaires considering wealth transfer to future generations, showcasing a more comprehensive approach to wealth management [28][29]. - The evolution of wealth management is underscored by the need for a diversified and professional investment strategy, moving away from reliance on single asset classes towards a more systematic and global financial planning framework [31].