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China minted a new billionaire every day last year as wealthy class swelled to a record

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China saw a remarkable increase in the number of ultra-wealthy individuals over the past year, driven by a bull market in stocks, with leaders of “new economy” companies emerging as the primary beneficiaries, according to the Hurun Research Institute. A record 1,434 individuals made it onto Hurun’s latest China Rich…

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

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