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Number of Chinese ultra-affluents dips as wealth grows: Hurun

WeChat is the platform to engage Chinese consumers of luxury and non-luxury products and services More than a third of China’s richest people are involved in the tech industry. Image credit: Luxury Society

 

For the second straight year, the number of ultra-wealthy Chinese has fallen despite gains in the stock market, according to Hurun’s annual “Richest People in China Index.”