china HNWI
Is China’s Premiumization Trend Coming To An End?
Chinese spending should increase by as much as 30 percent this year, allowing luxury to rebound soon — a sharp contrast to worldwide spending. Read More
Will Wealthy Shoppers Want to Join Tmall’s Luxury Pavilion Loyalty Club?
Big-spending consumers are being offered exclusive deals, celebrity events, flexible payment, and door-to-door returns when what they really care about is authentic items. Read More
Chinese Luxury Travelers Look For These 4 Things in New York City
Independent tour operators told us they want not just bargains and shopping assistants but also access to Western elites and a secret lingerie museum. Read More
What Does the Surge of Chinese Billionaires Mean for Luxury Economy in China?
The rapid expansion of Chinese billionaires in 2016 highlights the importance for luxury brands to capture the purchasing power of this demographic. Read More
China’s Luxury Consumer Price Index Soars 82 Percent in 10 Years
Hurun's latest luxury consumer price index report shows that China's high net worth individuals have experienced a price spike of 82 percent in 10 years. Read More
China’s Private Wealth Market Is Slowing, Report Says
A new report by Bain Consulting and China Merchants Bank shows that China’s private wealth market will still increase at a double-digit pace. Read More
The Top 10 Most Popular Global Hotel Brands for China’s Wealthy in 2016
According to Hurun's 2017 Chinese Luxury Travel Report, these are the most popular hotel brands with China's wealthy travelers. Read More
Chinese Millionaires Lead a New Status-Driving Trend: Adventure
High net worth Chinese travelers are becoming more adventurous in their travel plans as they seek out adventurous experiences over shopping. Read More
Alibaba Offers Australian Luxury Tour for China’s Big Spenders
Alibaba took seven wealthy shoppers on an exclusive luxury trip to Australia, aiming to leverage their social media influence to promote brands in China. Read More
Report: Chanel, Prada Among Brands Chinese HNWIs Most Aspire to Buy in 2017
Agility Research and Strategy's "Affluent Insights Millionaire Report" shows China's millionaires spent about US$9.5 billion on luxury fashion and jewelry and watches alone in 2016. Read More
