Hurun Release 2025 China High-Net-Worth Individual Financial Investment Demand and Trends White Paper

The number of households in China with a "net worth" of 6 million, 10 million, 100 million, and 200 million RMB are 5.12 million, 2.06 million, 130,000, and 86,000 respectively.

If net worth is converted to "investable assets," these four figures are 1.84 million, 1.08 million, 78,000, and 53,900 respectively.

The difference between the two is that net worth includes owner-occupied real estate, personal vehicles, etc.; investable assets exclude owner-occupied real estate and cars.

Additionally, in the proportion of investment amounts, Crypto currently accounts for only 2%, far below stocks, gold, real estate, etc., leaving much room for growth.