Some striking changes among HNW Chinese in latest survey of the country's mass affluent:

• Chinese wealth is becoming younger and faster
• Real estate losing favor to gold
• Consumption shifting from ownership (fewer watches and cars) to more experience (travel, education, health, etc)
• AI assistants are normalized, not experimental
• Elite cognition increasingly mediated by AI

Source: Hurun China Luxury Consumer Survey
https://mp.weixin.qq.com/s/EZZtlFcp8Pqz71KTIcN3Qg?click_id=121