International Finance
Wealth Management

Hong Kong-based CreditEase Wealth Management establishes overseas presence

Creditease, Asset Management, China, Real Estate
The company today announced the establishment of its Overseas Wealth Management Department, which will provide wealth management services to high-net-worth Chinese clients abroad

Ms. Zhao Ruobing, senior vice president of CreditEase Wealth Management, was appointed as head of the department. She has more than 20 years of experience in the wealth management industry. She joined CreditEase Wealth Management in 2008 and is currently a senior executive of the company.

The company established its first overseas business in Hong Kong in 2013 in China. Then, it established the Singapore branch in 2014, the Israel branch in 2015, the New York office in 2016, and the Silicon Valley branch in San Francisco in 2017. It also expanded its European markets and branches in 2018.

Currently, the company manages over $14bn in assets for hundreds of thousands of high-net-worth clients in China.

Tang Ning, CreditEase founder and CEO, stated: “growing into the preferred wealth management brand for high-net-worth Chinese in the world is a five-year goal of CreditEase Wealth Management, which is also the next point for organizational remodeling in the next five years. After years of accumulation in capacity, CreditEase Wealth Management is fully prepared in terms of global investment capacity, scientific and technological capacity and service capacity for the international market. We are confident that, with the continuous consolidation of global product investment capacity, CreditEase Wealth Management’s global service capacity will also be further expanded and consolidated.”

CreditEase Wealth Management has a diverse portfolio that has committed to helping clients avail investment, products and opportunities for major asset categories–including a wide range of overseas living services, including: overseas study tours, overseas education consultations, investment and immigration, overseas property, tax planning, legal service referral, insurance, family trusts, high-end institutional internships, and so on.

It was featured among the world’s most-active financial technology investment institutions as of the first quarter of 2018, again in CB Insights—a world renowned market research organization. It rose from seventh place in December 2017 to third place in 2018.

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