Over a quarter of China’s ultra-wealthy concentrated in Beijing and Shanghai: report
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Source: South China Morning Post
Published: 2026-08-08 16:00 UTC+10:00
Section: A-share IPOs
Factuality Score: 100
Opinion Category: Neutral
Topics: Property, Asia, Economy & Finance, China, Financial Markets, Property & Housing, Business & Economy, Asia Pacific
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Snippet:
Beijing, Shanghai and Guangdong hold most super-rich households as weaknesses in real estate and market volatility weigh on private capital
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