How many wealthy people are there in China? How are their assets allocated? Hurun's 'China High Net Worth Population' report Pulled out the key data for you: Pic 1: Distribution of households with investable assets of ¥6 million to ¥30 million Pic 2: Distribution of individuals with assets over ¥10 million Pic 3: Asset allocation of high net worth individuals Here’s what we can sense: Households with investable assets of ¥6 million RMB total 1.8 million nationwide, accounting for 0.37%. That’s roughly one in every 300 households. For ¥10 million RMB, there are 1.09 million individuals, accounting for 0.22%. That’s about one in every 400 households. Breaking it down to individuals, the proportion is even lower. Overall, high net worth individuals prefer stable assets. Bank savings/wealth management/money market funds (25%) and insurance (19%) together make up nearly half. Stocks (14%) and gold (8%) follow, while cryptocurrency investments only account for 2%. There are clear differences among groups: Business owners are the most conservative, with the highest proportion in bank savings (28%). Corporate executives are relatively balanced, with slightly higher allocations in stocks (15%) and bonds (7%). Professional investors are more aggressive, with stocks (18%) and insurance (21%) standing out, while savings are the lowest (21%).