close
MENU
General Business
1 mins to read

Luxury assets miss out on 2019 financial boom

Affluent Chinese spurned luxury goods in the past year.

Nevil Gibson Fri, 03 Jan 2020

When stocks and bonds do well, the rich usually feel richer, driving sales of luxury assets such as wine, diamonds and fancy cars. That wasn’t the case in 2019, experts say. 

The market for luxury assets was subdued last year, despite a record year in financial markets. Driving the decline

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Nevil Gibson Fri, 03 Jan 2020
Contact the Writer: ngibson@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Luxury assets miss out on 2019 financial boom
General Business,
82233
true