Portfolio diversification remains key

Although Chinese high net worth individuals remain bullish on their personal finances at a time of market volatility, experts say they should diversify their investments to offset possible losses and achieve stable profits.

According to UBS global wealth management's quarterly investment sentiment survey released in early May, about 73 percent of the 1,740 high net worth individuals interviewed in the Asia-Pacific region said they are confident about their personal financial situation in the next 12 months, while 85 percent of Chinese respondents hold such a view, which was the highest among all surveyed North Asian markets.

These high net worth individuals each possess investable assets of at least $1 million.