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Page 1: up.hurun.netup.hurun.net/Hufiles/201602/201607/20160701171003368.docx · Web viewBy May of 2015, the number of dollar millionaires in mainland China reached 3.14 million, an increase

Chinese gifting bounces back 15%Authority on Chinese Luxury Consumer releases

12th Chinese Luxury Consumer Survey and Hurun Best of the Best Awards

(14 January 2016, Shanghai) The Hurun Research Institute today released the Hurun Best of the Best Awards 2016, based on the results of the Hurun Report Chinese Luxury Consumer Survey 2016. This is the twelfth consecutive year Hurun Research has revealed the brand preferences, consumption habits and lifestyle trends of China’s wealthiest individuals. Widely regarded as an ISO9000 for China’s luxury sector, the CLCS has become a benchmark for the luxury sector.

In recent half year, the Hurun Research Institute, a wholly-owned subsidiary of Hurun Report Inc, surveyed 458 Mainland Chinese ‘millionaires’, defined as individuals with a personal wealth of RMB 10 million (equivalent to USD 1.52 million). Amongst them were 57 super-rich (12%), defined as individuals with wealth of RMB 100 million (USD 15.2 million). Their average wealth was US$6.65million; the age was 37 years (38 among the super-rich band), which is one year younger than last year; the ratio of men to women surveyed was close to 1:1. Respondents were from 40 cities, 60.9% coming from the first tier cities of Beijing (13.3%), Shanghai (37.6%), Guangzhou(7.6%) and Shenzhen(2.4%). The Hurun Research Institute has carried out this survey now for 12 years running, surveying 5652 millionaires making this the largest and most authoritative survey of its kind in China.

This press release is an executive summary of the Chinese press release. For the full press release, please refer to the Chinese-language version on the www.hurun.net.

GiftingOverall, gift giving has increased than last year. Gift giving by men and by women increased 15% and 24% respectively. And gift giving for Elderly and children increased 11% and 15% respectively.

Top three of the preferred brand for gifting by Men’s richest remains the same as last year. Apple crowns first, followed by LV and Gucci. Both of Cartier and Tiffany rose 4 positions. Hermes continued to drop from sixth to ninth.

Top three of the preferred brand for gifting by women’s richest are still Chanel, LV and Apple. However, the rank changes. Chanel climbed up to the crown. LV came to second, while Apple lost its first position and down to the third.

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The Star Performance: Bulgari returned to the top 10, ranks ninth. Dior dropped down 3 places to seventh.

Best Brand for Gifting by Men                  Best Brand for Gifting by Women

Brand % of respondents Brand % of respondents

1 - Apple 17.5% 1↑ Chanel 10.3%2 - LV 6.4% 2↑ LV 8.9%3 - Gucci 3.2% 3↓ Apple 8.5%4↑ Catier 3.0% 4↑ Cartier 3.3%5 * Dior 2.8% 5↑ Tiffany 2.8%6 - Moutai 2.4% 6↓ Hermes 2.4%7↓ MontBlanc 2.2% 7↑ Gucci 2.1%8↓ Chanel 2.0% 8↓ Dior 1.9%9↓ Hermes 1.6% 9 * Bulgari 1.4%

10↓ Bulgari 1.4% 10↓ Samsung11 * Tiffany 1.2%12↓ Samsung 1.1%

Source: 《Hurun Best of the Best – Chinese Luxury Consumer Survey 2016》↑ Ranking up ↓ Ranking down - no change * New to the Top 10

Watch, Electronic product and red wine are still top 3 of the best gifts for men. Almost half of the respondents chose Jewelry for women, followed by cosmetics and fashion accessory. Over half HNWI chose health product for elderly. For children, electronic product was still the top option. The super-rich had a tendency to gift car. Overall, category of gift giving didn’t change a lot.

Gifting by categoryBest Gifts for Men※

RatioBest Gifts for Women※

Ratio

1 -Watch 21.2% (+10%)

1 -Jewelry

29.1% (-19%)

2 - Electronic Product

16.5% (+11%)2 *

Cosmetics 15.8% (New)

3 -Red Wine 14.0% (-5%)

3 * Fashion Accessory

15.4% (New)

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4↑ Premium baijiu

7.9% (-2%)4↓

Apparel 11.9% (-38%)

5 -Cigars 7.7% (-31%)

5↓ Electronic Product

6.5% (-43%)

6↓ Imported spirits

7.5% (-43%)6↓

Watch 6.4% (-43%)

7 * Apparel 5.9% (New) 7↓ Travel vouchers 4.3% (-52%)8 * Accessorie

s5.2% (New)

8↓Gift cards 2.9% (-41%)

9↓ Art 5.1% (-20%) 9↓ Art 2.7% (+17%)10↓ Travel

voucher4.4% (-25%)

10↓Health Product 1.8% (-65%)

※RMB 20,000 or less

Source: 《Hurun Best of the Best – Chinese Luxury Consumer Survey 2016》↑ Ranking up ↓ Ranking down - no change * New to the Top 10

Best Gifts for Elderly

Ratio Best Gifts for Children

Ratio

1 -Health Product 35.9% (+10%)

1 - Electronic Products

40.0% (-16%)

2↑ Medical Products

19.4% (-3%)2 *

Toys 26.1% (New)

3↓ Travel voucher 18.5% (-15%) 3↓ Fashion 12.2% (-89%)

4↑ Gift Card Voucher

5.6% (-23%)4↓

Watch 6.2% (-52%)

5↓ House 5.0% (-4.5%) 5↓ Car 2.9% (-60%)5* Alcohol 4.8% (New)

Source: 《Hurun Best of the Best – Chinese Luxury Consumer Survey 2016》↑ Ranking up ↓ Ranking down - no change * New to the Top 5

The Hurun Business Confidence Index noted that over 80% respondents are positive on the Chinese economy. However, there are only 27% are ‘extremely confident’ in the economy, much lower than 35.8% of last year.

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2010 2011 2012 2013 2014 2015 20160%

10%

20%

30%

40%

50%

60%

70%

2010-2016 Hurun Business Confidence Index

Source: 《Hurun Best of the Best – Chinese Luxury Consumer Survey 2016》Blue: Extremely confident Yellow: confident

ConsumptionTravel, luxury good and kid’s education are the highest expense for respondents. Sanya is still the most preferred holiday home destination, with one forth. Meanwhile, 20% prefer overseas holiday home destination, up 5%.

TravelTravel is the number one leisure activity for Chinese super-rich. Average travel time decreased 1 day per month, with 7 days.

Europe is still the most preferred international luxury travel destination.

National, Sanya is the number on most preferred luxury travel destination for the sixth consecutive year.

Preferred International Luxury Travel Destination

Preferred national Luxury Travel Destination

1↑ France 1 - Sanya2↑ US 2↑ Hongkong

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3 - Maldives 3↑ Taiwan4↑ Japan 4↓ Tibet5↓ Australia 5 - Yunnan6↓ Dubai 6 * Sichuan7↑ Hawaii 7 - Macau8↓ Swizerland 8 - Hangzhou9↓ Italy 9↑ Xinjiang10↓ UK 10 * Beijing11↑ Canada12 - Thailand13↓ New Zealand14 - Singapore15 South Korea

Source: 《Hurun Best of the Best – Chinese Luxury Consumer Survey 2016》↑ Ranking up ↓ Ranking down - no change * New to the Top 10

Jogging is the most popular sports for Chinese super-rich.

Preferred Sports by Men Preferred sports by WomenSports Ratio Sports Ratio

1↑ Jogging 16.4% 1↑ Jogging 16.7%2 - Swimming 15.5% 2↓ Yoga 16.2%3↓ Golf 14.7% 3↑ Swimming 16.0%4↑ Badminton 8.9% 4↓ Golf 10.7%5↑ Climbing 6.5% 5↓ Skiing 7.7%

5↑ Tennis 6.5% 6↓Horse Riding

6.2%

7 - Diving 5.6% 7↑ Badminton 6.0%8↓ Skiing 4.6% 8↓ Diving 5.5%

9↓Horse Riding

3.6% 9↑ Climbing 4.0%

10 - Yoga 2.7% 10↓ Tennis 3.5%Source: 《Hurun Best of the Best – Chinese Luxury Consumer Survey 2016》

↑ Ranking up ↓ Ranking down - no change

Health Management

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Non-smoker increased from 41% to 46%. 65% female refused to become smoker.

Overseas Education30% respondents prefer send their children for foreign study at their high school period. Over 45-year-old China’s super-rich prefer overseas university education for their children. United States and UK are still the top two destination. United States is also the most preferred immigration destination.

Social ResponsibilityPhilanthropy donation becomes the most preferred way for entrepreneurs to implement social responsibility, followed by taxation.

Jack Ma Yun donated US$2.3 billion, becoming the most generous philanthropist in 2015 for the second time. Tang Lixin ranks second, with donation of US$49 million. Wang Jianlin ranks third with donation of US$48.6 million.(Reference: Hurun Philanthropy List 2015)

Information SourceSocial network tends to become the main source of information. Wechat makes more people relying on digital media, which is especially obvious within under 30 year old respondents.

Market ScaleBy May of 2015, the number of dollar millionaires in mainland China reached 3.14 million, an increase of 240 thousand from previous year, an increase of 8%. In Hong Kong and Taiwan, there are 500 thousand and 430 thousand people respectively.

Hurun Rich List 2016 swells to 1877 individuals, up record-breaking 606 with same cut-off of CNY 2bn (US$310m) as last year. 596 dollar billionaires, up staggering 242 on last year, propelling China ahead of the US for first time. Greater China now has 715 dollar billionaires, after adding in 119 billionaires from HK, Taiwan and Macao. This compares with only 537 in the US, according to the most recent Hurun Global Rich List.

AwardsThe Best of the Best is for the overall winner of a category. The Star Performer is for the product / service with the best year on year performance. The Best New Arrival is for a product / service launched into China in the past 12 months that has shaken up the

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market.

Hurun Best of the Best Awards 2016

Jewelry & Watch & Fashion

Best Brand for Gifting by Men Apple

Brand for Gifting by Men Star Performer Cartier

Brand for Gifting by Men Star Performer Tiffany & Co

Best Brand for Gifting by Women Chanel

Brand for Gifting by Women Star Performer

Bulgari

Best Luxury Brand Louis Vuitton

Overall  Luxury Brand Star Performer Bulgari

Best Jewelry Cartier

Jewelry Star Performer Chow Tai Fook

Best Overall Watch Patek Philippe

Overall Watch Star Performer Bulgari

Overall Watch Star Performer IWC

Best Watch with High Complications Patek Philippe

Watch with High Complications Star Performer

Jaeger-LeCoultre

Watch with Super High Complications Best New Arrival

Vacheron Constantin Ref.57260

Watch with High Complications Best New Arrival

Van Cleef & Arpels Midnight Planetarium

Best Jewelry Watch Cartier

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Jewelry Watch Star Performer Bulgari

Best Jade Cui Huang Ge

Best Luxury Writing Instrument Montblanc

Best Fashion Label For Men Giorgio Armani

Fashion Label For Men Star Performer Burberry

Fashion Label For Men Star Performer Givenchy

Men's Wear Best New Arrival Corneliani ID Jacket

Bespoke Tailoring Star Performer De Jue Bespoke Tailor

Bespoke Men's Wear Best New Arrival Master Tailor

Best Fashion Label For Women Chanel

Fashion Label For Women Star Performer Gucci

Best Accessory for Men Giorgio Armani

Accessory for Men Star Performer Gucci

Best Accessory for Women Chanel

Customised Leather Goods Star Performer

Powerland

Furniture & 3C

Smartphone Brand Star Performer Huawei

Smartphone Best New Arrival Huawei Mate8

Best Camera Canon

Best Kitchen Appliance Miele

Best Luxury Kitchen Cabinet Poggenpohl

Dishwasher Best New Arrival Fotile Dishwasher

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Air Purifier Best New Arrival TheMoment

Best Luxury Furniture Experience Center Davinci

Best Furniture Armani/Casa

Furniture Star Performer Markorhome

Best Hand Painted Wallpaper de Gournay

Best Mattress Hästens

Best Redwood Furniture Yundian

Best High-end Fireplace Brand Canature

Best Piano Steinway & Sons

Premium Home Theater Best New Arrival Imax Private Theatre

Best High-Tech Multi-Functional Electric Shaver

Philips

Shaver Best New Arrival Philips-Shaver s8860

Best Coffee Experience Nespresso

Best Vision & Creative Practical Brand Crystal

Best Home Entertainment System Bang & Olufsen

Cars

Best Luxury Car Brand Mercedes-Benz

Luxury Car Brand Star Performer Porsche

New Energy Car Best New Arrival Denza

Best Super Luxury Executive Car Rolls-Royce Phantom

Super Luxury Executive Car Star Performer

Bentley Mulsanne

Best Luxury Executive Car Mercedes-Benz S-Class

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Luxury Executive Car Star Performer Mercedes-Maybach

Best Executive Car Cadillac XTS

Best Super Luxury Car for Self-Drive Rolls-Royce Wraith

Best Supercar Ferrari 488 GTB

Supercar Star Performer Porsche 911 Carrera

Supercar Star Performer Aston Martin DB9

Supercar Best New Arrival McLaren 570S

New Energy Car Best New Arrival BMW 530Le

Best High Performance Sports Car Meccedes-Benz AMG C63

Best Luxury Cabriolet Porsche 911 Carrera Cabriolet

Best Luxury SUV Range Rover

Luxury SUV Star Performer Porsche Cayenne

Luxury SUV Best New Arrival Bentley Bentayga

Luxury SUV Best New Arrival Audi Q7

Luxury SUV Best New Arrival Lincoln Navigator

Best Luxury MPV Toyota Alphard

Best Motor Sports Experience Circuit Goldenport

Classic Car Rally in China Best New Arrival

Hong Kong Beijing Rally

Best Classic Car Show in China Bund Classic

Best Supercar Club in China SCC

Best Luxury Car Owners Club in Shanghai One City Club

Business Jets & Yachts

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Best Business Jet Brand Gulfstream

Best Ultra Long Range Business Jet Dassault Falcon 7X

Midsize Business Jet Star Performer Embraer Legacy 500

Best Helicopter Brand Bell Helicopter

Best Business Jet Operator Deer Jet

Best International Charter Services NetJets

Best Business Jet Financier Minsheng Financial Leasing

Best Specialist Designers for Yacht and Business Jet Interiors

Andrew Wynch

Private Aviation Best New Arrival Astro Air

Best Super Yacht LurssenBest Luxury Yacht Ferretti

Best Cruise in South China StarCruises

Drinks & Smokes

Best Premium Imported Spirits Brand Hennessy

Best Premium Whisky Royal Salute

Premium Whisky Star Performer Johnnie Walker Blue Label

Best Whisky Brand Chivas

Best Single Malt Whisky Macallan

Luxury Premium Whisky Best New Arrival Chivas Regal The Icon

Best Ultra Luxury Cognac Louis XIII

Best Cognac Brand Martell

Best Champagne Brand Moët & Chandon

Champagne Brand Star Performer Mumm

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Best Prestige Champagne Dom Perignon

Best Chinese Spirits Moutai

Chinese Spirits Star Performer Luzhou Laojiao

Chinese Liqueur Best New Arrival Pearl Red

Chilean Wine Star Performer Casa Sol

Best Tea Brand Zhuyeqing Tea

Luxury Tea Brand Star Performer Runyan Fine Oolong Tea

Herbal Tea Star Performer Fields & Selects Camomile Tea

Best Premium Cigarette Chunghwa

Best Cigar Brand Davidoff

Hotels, Airlines & Travel Destinations

Best Luxury Hotel Brand The Ritz-Carlton

Luxury Hotel Brand Star Performer Banyan Tree

Luxury Hotel Brand Star Performer St. Regis

Luxury Hotel Brand Best New Arrival NUO

Hotel Brand Best New Arrival Hualuxe

Best Luxury Boutique Hotel Brand Aman

Luxury Boutique Hotel Brand Best New Arrival

Ahn Luh

Business Hotel Brand Best New Arrival Lia!By Minyoun

Best Art Lifestyle Hotel in Beijing Hotel Eclat Beijing

Best Luxury Hotel in Shanghai The Peninsula Shanghai

Boutique Hotel in Shanghai Star Performer

Hotel Indigo Shanghai on the Bund

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Hotel F&B in Shanghai Star Performer Hyatt on the Bund Shanghai

Landmark Hotel in Shanghai Star Performer

Fairmont Peace Hotel in Shanghai

Luxury Hotel in Shanghai Puxi Star Performer

Jing An Shangri-La

Art Lifestyle Hotel in Shanghai Star Performer

Jumeirah Himalayas Hotel Shanghai

Best Contemporary Cuisine in Shanghai Ultraviolet

Best Private Kitchen Chef‘s Table

Best Moganshan Luxury Resort Naked Resort

Best Moganshan Luxury Boutique Hotel Le Passage Mohkan Shan

Best Luxury Hotel in Guangzhou Mandarin Oriental, Guangzhou

Business Hotel in Guangzhou Best New Arrival

Park Hyatt, Guangzhou

Best Luxury Hotel in Shenzhen St.Regis Shenzhen

Business Hotel in Shenzhen Star Performer

Sheraton Shenzhen Futian Hotel

Best Family Hotel in Suzhou Kempinski Hotel Suzhou

Best Hotel in Suzhou InterContinental Suzhou

Luxury Hotel in Haining Best New Arrival Langham Place, Haining

Hotel in Lianyungang Best New Arrival Sofitel Lianyungang Suning

Best Luxury Hotel in Zhangjiajie Harmona Resort & Spa Zhangjiajie

Best Luxury Hotel in Chengdu The Temple House

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Business Hotel in Chengdu Star Performer

Minyoun Royal Chengdu Dongda Hotel

Luxury Hotel in Chengdu Best New Arrival Wanda Reign Chengdu

Business Hotel in Chengdu Best New Arrival

Minyoun Royal Chengdu Kehua Hotel

Luxury Hotel in Chongqing Star Performer JW Marriott Hotel Chongqing

Best Luxury Hotel in Zhengzhou JW Marriott Zhengzhou

Luxury Hotel in Xian Star Performer Sofitel People's Grand Xian

Best International Brand Hotel in Tibet St.Regis Lhasa Resort

Luxury Resort Hotel in Tibet Star Performer

Shangri-La Hotel, Lhasa

Luxury Hotel in Guangxi Best New Arrival Wanda Vista Hotel Nanning

Best Luxury Hotel in Kunming InterContinental Kunming

Luxury Hotel in Fuzhou Star Performer Shangri-La Hotel, Fuzhou

Luxury Hotel in Xiamen Star Performer Hotel Indigo Xiamen Harbour

Luxury Hotel in Hainan Best New Arrival Phoenix Island Resort Sanya

Luxury Hotel in Hainan Star Performer The Westin Blue Bay Resort & Spa

Business Hotel in Hainan Best New Arrival

Hualuxe Haikou Seaview

Luxury Hotel in Hong Kong Star Performer

InterContinental Hong Kong

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Best International Luxury Travel Destination

France

International Luxury Travel Destination Star Performer

Japan

Best Domestic Luxury Destination Sanya

Domestic Luxury Destination Star Performer

Sichuan

Domestic Luxury Destination Star Performer

Changbai Mountain

Best International Business / First Class Singapore Airlines

Best First Class from China to Europe Air France

Business Class to Europe Star Performer British Airways

Best North American Airline Serving China

United Airlines

Best Domestic Business / First Class Air China

Best Luxury Travel Retail DFS

Outlet Shopping Destination in China Star Performer

Value Retail Suzhou Village

Best London Luxury Shopping Destination

Harrods

Best Specialised Watch Retailer in London

Marcus Watches

Best Specialised Watch Retailer in US Tourneau

Best New York Luxury Shopping Destination

Bergdorf Goodman

Best Paris Luxury Shopping Destination Galeries Lafayette

Best Eco-life Hotel in Maldives Soneva Hotel

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Luxury Hotel in Singapore Star Performer Shangri-La Hotel, Singapore

Luxury Hotel in London Star Performer Shangri-La Hotel at The Shard

Finance, Auction & Services

Best Domestic Private Bank China Merchants Bank

Domestic Private Bank Star Performer ICBC

Best Foreign Bank for Personal Banking HSBC

Best Offshore Private Bank for Ultra High Net Worths

UBS

Best Offshore Private Bank UBS

Portfolio Management Private Bank Star Performer

Bank of Beijing

Best Bank for Global Chinese in USA East West Bank

US Asset Management Star Performer Henry Group

Family Office Star Performer HMCFamily Office

Family Office Best New Arrival Deyu Family Office

Best Independent Financial Adviser CreditEase

Independent Asset Management Star Performer

Hanya Capital

Wealth Management Star Performer Yilong Wealth

Best Retirement Planning Brand Taikang Life

Retirement Planning Insurance Star Performer

Taikang Life Happiness Promises

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Senior Living Community Best New Arrival

Taikang Community Yan Garden

Best Credit Card China Merchants Bank

Credit Card Star Performer Bank of China

Best International Credit Card Brand Visa

Best Overseas Black Card American Express Centurion Card

Prestige Credit Card Star Performer Citic VISA Infinite Credit Card

Best International Auction House Sotheby's

Best Domestic Auction House China Guardian Auction

Wine Auction Star Performer Acker Merrall & Condit

Best Art Media Artron

Security Service Star Performer China City Guard

Security Box Best New Arrival Guanfu Treasury

Study Abroad & Immigration

Best Country for Overseas Study USA

Country for Overseas Study Star Performer

Switzerland

Best High-end Overseas Study Brand BE Education

Best Integrated Overseas Study Agency Shinyway

Overseas Study Agency Star Performer Vision Overseas

Best Overseas Study Agency for the Switzerland

Haiyi

Best Overseas Study Agency for Australia IDP

Best EMBA Fudan University

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EMBA Star Performer Peking University

Best School for Family Business Succession

Institute of Family Business

Etiquette Training Star Performer Institute Sarita

Best Immigration Advisor in Eastern China

Visas Consulting Group

Best Adviser for Immigration to Europe GlobeVisa

Immigration Advisor Star Performer Wailian Overseas Consulting

Property

Best Central Mansion in Chongqing SUNAC Skyline

Best Riverside Villa in Chongqing SUNAC Rose Garden

Global Luxury Real Estate Network Star Performer

Christie’s International Real Estate

Best San Francisco Bay Area Luxury Real Estate Advisor

Pacific Union

Landmark Project in New York Star Performer

30 Park Place Four Seasons Residences

Best Luxury Real Estate Advisor in UK Knight Frank

Best Luxury Homebuilder in London Berkeley

Real Estate Advisor in London Star Performer

Strutt & Parker

Best International Residential Service JLL

WellnessBest Spa Banyan Tree Spa

Best Caterpillar Fungus Very Grass 5X

Clubs

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Best Presentation Award for Premium Health Institution of Anti-Senile&Cancer

Life Infinity

Best Business Leader Club Zhisland

Best Private Club in Beijing HK Jockey Club Beijing Clubhouse

Best Private Art Center in Beijing Beijing Fortunes Arts Center

Horse Clubs & Others

Best Private Club in Shanghai House of Roosevelt

Best Whisky Culture Club Johnnie Walker House

Best Private Museum in Shanghai Long Museum

Best Performing Artist Organization Shanghai Opera House

Best Elite Circle Club Le Cercle Club

Best Golf Club in Shanghai Sheshan Golf Club

Best Horse Racing Club in China China Horse Club

Best Equestrian Club in China Heilan Equestrian

Best Polo Club in Northern China Tang Polo Club

Financial Multi Media Best New Arrival Yueer Media

Lifestyle Concept Best New Arrival Magic

About Hurun Report Inc.China’s Leading Business and Luxury Lifestyle Media Platform since 1999Nobody Knows China’s Rich Better!

Established as a research unit in 1999, Hurun Report Inc. has grown into a leading business and lifestyle media platform targeted at China’s high worth individuals, on the back of its flagship Hurun China Rich List and, since 2012, its Hurun Global Rich List. Headquartered in Shanghai, Hurun Report has offices in Beijing, Guangzhou, Chengdu, Sanya, Hong Kong, London, Los Angeles, Chicago and Cochin, Kerala in India.  The Hurun Rich List has grown to rank the richest individuals of China and India. In 2015, the Hurun Global Rich List ranked 2089 dollar billionaires, benchmarking China’s and

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India’s top entrepreneurs in the context of their global peers.

Digital. Hurun Report Inc has an award-winning digital media platform, reaching 470,000 unique Chinese high net worths monthly. Hurun Report’s digital media is composed of an active social media programme on WeChat and Weibo, mobile and tablet Apps and the hurun.net website.

Print. 4 magazines, reaching 485,000 on average a month: Hurun Report targeted at Chinese luxury consumers aspiring to wealth of US$5m (‘Nobody Knows China’s Rich Better’); the Hurun Schools Guide series targeted at Chinese parents looking to send their children overseas (‘Unlocking the Doors to the World’s Best Schools’); Wings & Water targeted at Chinese super luxury consumers with or aspiring to US$50m (‘Beyond First Class’) and Horse & Polo China (‘For Horse Lovers’).

Conferences: Hurun Report Inc hosts over 100 events across China every year, led by its 4 flagships in Shanghai, Beijing, Shenzhen and Sanya every year. Hurun Report Inc hosts a further ten in the US, London, Singapore, Australia and India) every year.

Market Research. Hurun Report’s close personal relationships with many of China’s leading entrepreneurs provides the basis for its fast-growing market research division. Hurun Market Research has developed expertise in the sectors of private banking, insurance, luxury drinks, luxury cars and consumer electronics.

For further information, see www.hurun.net

Official Wechat platform: HurunReport

For media inquiries, please contact:Hurun ReportPorsha PanTel: +86-21-50105808*601Mobile: +86-139 1838 7446Email: [email protected]

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