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China, Hong Kong pools of ultra-rich shrink and Asia’s wealth engine cools, Altrata says

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The number of ultra-wealthy, defined as individuals with a net worth of more than US$30 million, in China fell for the second straight year in 2023 as a sluggish economy and a deepening real-estate downturn took their toll, with Hong Kong following a similar trend, according to a report by…

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Click here to read the full story: South China Morning Post

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