Property News · October 29, 2025

Billionaire boom: ultra-wealthy in mainland China, Hong Kong regain momentum


Mainland China and Hong Kong have gained more billionaires, reversing a decline three years ago, after the world’s second-largest economy unveiled stimulus measures amid slowing growth and a struggling property sector, according to the latest study by Altrata.
The mainland had 321 billionaires as of 2024, rising by 5.6 per cent, to rank second in terms of billionaire population, following the US with 1,135 billionaires, according to the data company. Mainland Chinese billionaires collectively…

Source : South China Morning Post
Read more…Billionaire boom: ultra-wealthy in mainland China, Hong Kong regain momentum