According to Hu Run's latest report, the number and wealth distribution of high-net-worth individuals in China are indeed worth paying attention to.

There are 1.8 million households with investable assets between 6 million and 30 million, which sounds like a lot, but they only account for 0.37% of the national total — in other words, one in every 300 households. What does this ratio reflect? The concentration of asset allocation weights.

Looking further up to those with assets of over 10 million, the number directly shrinks to 1.09 million, accounting for 0.22%. Comparing these two figures, you can feel how intense the wealth disparity is.

Interestingly, the asset allocation strategies of this group vary greatly — the proportions of real estate, stocks, funds, and overseas assets differ from person to person, but the common point is that they generally emphasize diversification and avoid putting all eggs in one basket. This is also why their assets tend to be relatively more stable.