Sweetome Hurun Global House Price Index 2019

Source:Hurun Report
Author:
IssueTime:2020-02-20

Hurun Research Institute and Sweetome Group today jointly released the Sweetome Hurun Global House Price Index 2019 and the Sweetome Hurun China HNWI Global Property ROI 2019.

27 Chinese cities entered the top 50 cities with the highest house price increases, up 5 from the same period last year.

 

The house price of Dali increased the most in China, rising 20.2% over the past year and 36% over the past three years.

 

Other Chinese cities with the highest cumulative house price increase over the past three years include Xi 'an, up 46% over the three years, followed by Guiyang, Dali and Kunming, all up about 35% over the three years.

 

Budapest increased the most ranked first with a rise of 21.8% in the past year; and it rose 16.2% in 2018, ranked second in the world.

 

Phnom Penh, which ranked first last year, fell out of the Top 50 this year, and its house prices rose by 4.8% in the past year. Hong Kong, San Jose, Las Vegas and Berlin, which ranked among the Top 10 last year, also fell out of the Top 50 this year.

 

The countries along the “Belt and Road Initiative” account for nearly 30% of the Top 50.

 

Of first-tier cities in China, only Guangzhou made the Top 50, up 8.6% in the past year. Beijing, Shanghai and Shenzhen increased 3.5%, 1.5% and 1.1% respectively.

 

Chinese cities that made the Top 10: Xi'an, Hohhot, Guiyang, Shijiazhuang, and Kunming.

 

Chinese cities that made the Top 20: Haikou, Harbin, Wuhan, Chengdu and Dalian.

 

In the past year, the RUB has risen 13.3% against the CNY, and St. Petersburg has the highest return on overseas property investment, with a return rate of 31.1%.

 

The cities with the highest cumulative returns over the past three years included Bangkok, Nashville and Las Vegas, with three-year total returns of 57%, 46% and 44%, respectively.

 

London, Hong Kong, Singapore, and New York have become the most popular overseas investment destinations for Chinese high-net-worth individuals. Among them, London has achieved a return on investment of 10% in the past year, ranked 45th.

 

The US decreased the most, and 13 cities dropped from the same period last year into the Top 50 investment returns, but it is still the country with the highest return on investment in overseas properties; followed by the UK, with 7 cities entering the Top 50; Canada ranked third with 5.

 

Hokkaido ’s rental yield last year was 9.4%

 

Hurun Research Institute releases Sweetome Hurun Global House Price Index 2019 & Sweetome Hurun China HNWI Global Property ROI 2019


配图-长.jpg

 

 

 

(20 February 2020, Shanghai, China) Hurun Research Institute and Sweetome Group today jointly released two lists. The first is Sweetome Hurun Global House Price Index 2019, listing the 50 cities with the highest house price changes in the twelve months to 31 December 2019. The second is the Sweetome Hurun China HNWI Global Property ROI 2019, listing the cities that have provided the best returns on property investments, taking into account the annual house price change, rental yields and exchange rate difference over the 12-month period ending 31 December 2019. This is the seventh time that Hurun Research Institute released the Global House Price Index & China HNWI Global Property ROI.

 

Of the Top 50 cities with the highest house price increases in the world over the past year, 26 of them rose more than 10%, and the 50th place rose 6.9%. Of the top 50 cities with the highest returns on overseas property investment, 5 have returned more than 20% and the 50th has returned 9.5%.

 

Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report said: “Many people pay attention to changes in house prices, because most wealth is accumulated in property. Of the Top 50 cities with the highest house price increases, the number of US cities dropped most, whilst Eastern Europe rose rapidly. In China, the tourist town of Dali in Yunnan rose to Top 1. It is a great pleasure to co-publish the Hurun Global House Price Index with Sweetome again. I hope this index will help more people choose which cities to buy houses in, especially from an investment return perspective.”

 

Luo Jun, Co-founder of Tujia and Sweetome Group, said: “This is the fourth time that Sweetome has jointly released the Hurun Global House Price Index with Hurun Research Institute. Under the new policy and market environment, real estate has gradually shifted from transaction value-added to operational value-added. Regardless of domestic or overseas, we suggest investors pay more attention to the long-term, stable rental returns of the real estate industry.  Sweetome operates and manages more than 60,000 houses in more than 280 destinations worldwide. We have an international-level solution for real estate value-added and income-increasing, which helps owners share the fragmented time of unused houses, obtain continuous rental income, and maintain and add value to assets.

 

This is a brief English language summary of the full Chinese press release which can be found at www.hurun.net. For media enquiries please contact our public relations team whose contact details can be found at the end of this report.

 

 

Sweetome Hurun Global House Price Index 2019

 

Budapest increased the most ranked first with a rise of 21.8% in the past year, and it rose 16.2% in 2018 ranked second; followed by Dali with 20.2%; Xi’an ranked 3rd with 19.7%; Hohhot and Guiyang ranked 4th and 5th with 18.5% and 15.5% respectively.

 

Compared with last year, 29 cities were newly added, 21 cities have been on the list for two consecutive years, and 6 cities have been on the list for three consecutive years.

 

The Top 50 cities are from 22 countries, of which China led with 27, an increase of 5 over the same period last year; followed by Switzerland and Greece, with 2 each; Japan, Russia, Netherlands, Canada, Germany, France, Italy, Luxembourg, Austria, Hungary, Poland, Colombia, Croatia, Slovakia, Estonia, South Africa, New Zealand, Thailand and India each had 1 city make the list.

 

Compared with the same period last year, Shijiazhuang, Wuhan, Chengdu, Jinan, Guangzhou, Lanzhou, Wuxi, Fuzhou, Nanchang and Ningbo were newly listed; Among the first-tier cities, only Guangzhou ranked in the Top 50, ranking 34th; Beijing, Shanghai, and Shenzhen, are not among the Top 50.

 

There are no US cities on the list this year, down 10 from the same period last year.

 

In the European region, Budapest's house prices continued to perform eye-catchingly, and the growth rate jumped to the Top 1 on the list, 1 place higher than the same period last year. A total of 16 European cities made the list this year. "Prices in eastern Europe rose rapidly in 2019, particularly in Hungary, Croatia, Russia, Poland and Slovakia." Hoogewerf said.

 

In the Asian region, Hokkaido performed outstandingly, with a new increase of 13.1%, ranking 10th in the list; Phnom Penh, which ranked first on the list in the same period last year, fell out of the Top 50.

 

With the addition of the African Region this year, Cape Town's house prices rose 9.1% in the past year, ranked 31st.

 

With the addition of South America, Bogota's house prices rose 8.2% in the past year, ranked 36th.

 

Table: Sweetome Hurun Global House Price Index 2019


Rank Change

City

2019 Growth rate of house price (12 months to 31 December 2019)

2018 Growth rate of house price (12 months to 31 December 2018)

Country

1

1

Budapest

21.8%

16.2%

Hungary

2

15

Dali

20.2%

11.7%

China

3

-

Xi‘an

19.7%

14.6%

China

4

10

Hohhot

18.5%

12.5%

China

5

2

Guiyang

15.5%

13.1%

China

6

New

Zagreb

14.5%

/

Croatia

7

New

Saint Petersburg

14.2%

/

Russia

8

New

Shijiazhuang

13.9%

6.3%

China

9

-4

Kunming

13.6%

14.2%

China

10

New

Warsaw

13.1%

5.2%

Poland

10

New

Hokkaido

13.1%

-2.3%

Japan

12

-8

Haikou

12.8%

14.3%

China

13

-2

Harbin

12.0%

12.6%

China

13

New

Wuhan

12.0%

4.1%

China

15

New

Athens

11.9%

3.7%

Greece

16

New

Chengdu

11.8%

5.6%

China

17

New

Luxembourg

11.3%

3.9%

Luxembourg

18

New

Lyon

11.2%

/

France

19

New

Geneva

11.0%

2.0%

Switzerland

19

-8

Dalian

11.0%

12.6%

China

21

New

Jinan

10.4%

6.9%

China

22

-4

Shenyang

10.3%

11.3%

China

23

New

Bratislava

10.2%

/

Slovakia

24

3

Chongqing

10.1%

8.9%

China

25

16

Luzern

10.0%

7.5%

Switzerland

25

19

Nanning

10.0%

7.4%

China

27

-6

Changchun

9.8%

10.2%

China

28

12

Qingdao

9.5%

7.6%

China

29

12

Guilin

9.3%

7.5%

China

29

-14

Sanya

9.3%

11.9%

China

31

New

Cape Town

9.1%

/

South Africa

32

New

Hyderabad

9.0%

/

India

32

-2

Taiyuan

9.0%

8.7%

China

34

New

Guangzhou

8.6%

3.0%

China

35

New

Utrecht

8.5%

/

Netherlands

36

New

Bogota

8.2%

/

Columbia

37

New

Lanzhou

8.1%

7.5%

China

38

New

Tallinn

8.0%

/

Estonia

39

New

Hamburg

7.9%

5.1%

Germany

40

-12

Milan

7.8%

8.8%

Italy

41

New

Wuxi

7.7%

0.7%

China

41

New

Thessaloniki

7.7%

/

Greece

43

New

Vienna

7.6%

6.5%

Austria

44

New

Fuzhou

7.5%

1.8%

China

45

New

Ottawa-Gatineau

7.4%

/

Canada

46

-13

Wellington

7.3%

8.5%

New Zealand

46

-9

Changsha

7.3%

7.7%

China

46

New

Nanchang

7.3%

6.5%

China

49

New

Phuket

7.0%

4.9%

Thailand

50

New

Ningbo

6.9%

5.9%

China

Source: Hurun Research Institute

 

 

Sweetome Hurun China HNWI Global Property ROI 2019

 

Hurun China HNWI Global Property ROI is the sum of the annual increase in house prices, the rate of return on rent and the increase in local currency against the CNY. For example, the annual increase in housing prices in St. Petersburg is 14.2%, the rental yield is 3.6%, the exchange rate change rate is 13.3%, and the three items add up to an investment return of 31.1%.

 

St. Petersburg became the city with the highest return on foreign property investment; Hokkaido ranked 2nd and Budapest ranked 3rd.

 

Compared with last year, 28 cities were newly added, 22 cities have been on the list for two consecutive years, and 11 cities have been on the list for three consecutive years.

 

The Top 50 cities with the highest return on investment come from 26 countries, of which the US led by 10 cities, but 13 cities decreased from the same period last year; followed by the UK with 7; Canada with 5; Thailand with 3; Russia, Switzerland, and Greece with 2 each; Japan, Netherlands, Germany, France, Italy, Luxembourg, Austria, Hungary, Bulgaria, Poland, Estonia, Colombia, Croatia, Slovakia, New Zealand, South Africa, India, Philippines, and Cambodia with 1 each.

 

Among US cities, Philadelphia continued to ranked first in the US with higher house price increases, but fell 13 places worldwide. Other US cities on the list include Phoenix, Houston, Sacramento, Tampa, Dallas, Orlando, Nashville, New York, and Atlanta, and their global rankings have all dropped significantly.

 

A total of 25 cities are on the list this year, of which 19 are new. The newly listed St. Petersburg has ranked first in the global return on investment in the past year, with an annual return of 31.1%, of which the RUB against the CNY has increased by 13.3% over the past year. Budapest rose 12 places to the 3rd. Newly ranked Moscow ranks 7th. Seven UK cities are on the list. Liverpool has the highest ranking, with an annual return on investment of 15.1%, ranking 16th. Other cities on the list include Manchester, Leicester, Birmingham, Bristol, Cambridge and London.

 

In Asia, Hokkaido's housing price growth and rental yields have been outstanding, becoming the second-highest city in terms of return on investment in overseas property; Benefiting from the rising exchange rate of the THB against the CNY, Thailand's Phuket, Pattaya and Bangkok are among the Top 10 this year. Manila ranked 18th, up 5 places from last year, with a return of 14.7%.

 

Newly added to Africa this year, Cape Town's investment return rate reached 19.6%, ranked 6th.

 

With the addition of South America, Bogota's return on investment reached 11.8%, ranked 33rd.

 

Table: Sweetome Hurun China HNWI Global Property ROI 2019


Rank Change

City

Global Property ROI (A+B+C)

A: Growth rate of house price (YOY)

B: Rental Yield (YOY)

C: Local currency against the Chinese Yuan (YOY)

Country

1

New

Saint Petersburg

31.1%

14.2%

3.6%

13.3%

Russia

2

47

Hokkaido

24.8%

13.1%

9.4%

2.2%

Japan

3

12

Budapest

23.8%

22.5%

4.6%

-3.3%

Hungary

4

28

Phuket

22.3%

7.0%

5.3%

9.9%

Thailand

5

New

Ottawa-Gatineau

20.3%

7.4%

6.6%

6.4%

Canada

6

New

Cape Town

19.6%

9.1%

6.7%

3.7%

South   Africa

7

New

Moscow

18.8%

2.8%

2.7%

13.3%

Russia

8

New

Pattaya

18.7%

4.0%

4.8%

9.9%

Thailand

9

2

Bangkok

18.4%

4.3%

4.2%

9.9%

Thailand

10

New

Hamilton

16.9%

5.9%

4.6%

6.4%

Canada

10

New

Montreal

16.9%

6.4%

4.2%

6.4%

Canada

12

New

Warsaw

16.4%

13.1%

3.7%

-0.4%

Poland

13

New

Geneva

16.3%

11.0%

2.6%

2.8%

Switzerland

13

New

Zagreb

16.3%

14.5%

3.1%

-1.3%

Croatia

15

13

Luzern

15.8%

10.0%

3.0%

2.8%

Switzerland

16

New

Liverpool

15.1%

3.8%

6.1%

5.3%

UK

17

New

Athens

14.8%

11.9%

3.8%

-1.0%

Greece

18

5

Manila

14.7%

5.2%

4.6%

4.9%

Philippines

19

-13

Philadelphia

14.5%

6.0%

7.3%

1.2%

United   States

20

New

Toronto

14.4%

4.5%

3.6%

6.4%

Canada

21

New

Hyderabad

14.0%

9.0%

3.7%

1.3%

India

22

-12

Phoenix

13.9%

6.7%

5.9%

1.2%

United States

23

New

Luxembourg

13.7%

11.3%

3.4%

-1.0%

Luxembourg

24

18

Manchester

13.4%

4.7%

3.4%

5.3%

UK

25

New

Leicester

13.3%

4.5%

3.6%

5.3%

UK

26

New

Lyon

13.2%

11.2%

3.0%

-1.0%

France

27

-19

Houston

13.1%

3.6%

8.3%

1.2%

United   States

28

22

Birmingham

12.8%

4.1%

3.4%

5.3%

UK

29

10

Wellington

12.7%

7.3%

4.1%

1.3%

New   Zealand

30

New

Bratislava

12.6%

10.2%

3.4%

-1.0%

Slovakia

30

New

Victoria

12.6%

1.1%

5.1%

6.4%

Canada

32

New

Utrecht

12.0%

8.5%

4.5%

-1.0%

Netherlands

33

-12

Sacramento

11.8%

5.2%

5.4%

1.2%

United   States

33

New

Bogota

11.8%

8.2%

3.6%

0.1%

Columbia

33

-12

Tampa

11.8%

3.9%

6.6%

1.2%

United   States

36

-20

Dallas

11.6%

3.0%

7.4%

1.2%

United   States

37

New

Bristol

11.4%

3.5%

2.6%

5.3%

UK

38

-33

Orlando

11.1%

3.2%

6.7%

1.2%

United   States

38

New

Cambridge

11.1%

2.2%

3.7%

5.3%

UK

40

-36

Nashville

10.9%

3.6%

6.1%

1.2%

United   States

41

New

Tallinn

10.6%

8.0%

3.6%

-1.0%

Estonia

42

New

Thessaloniki

10.4%

7.7%

3.7%

-1.0%

Greece

43

-6

New York

10.1%

2.5%

6.4%

1.2%

United   States

43

-3

Milan

10.1%

7.8%

3.2%

-1.0%

Italy

45

New

London

10.0%

1.7%

3.1%

5.3%

UK

46

New

Sofia

9.9%

5.9%

4.7%

-0.7%

Bulgaria

47

-29

Atlanta

9.8%

2.3%

6.3%

1.2%

United   States

48

-47

Phnom Penh

9.7%

4.8%

4.5%

0.4%

Cambodia

49

-1

Vienna

9.5%

7.6%

2.9%

-1.0%

Austria

49

New

Hamburg

9.5%

7.9%

2.6%

-1.0%

Germany

Source: Hurun Research Institute

 

The Top 10 cities for rental yields in the year to 31 December 2019


City

Rental Yield (YOY)

Country

1

Hokkaido

9.4%

Japan

2

Houston

8.3%

United States

3

Chicago

7.5%

United States

4

Dallas

7.4%

United States

5

Philadelphia

7.3%

United States

6

Cape Town

6.7%

South Africa

6

Orlando

6.7%

United States

8

Tampa

6.6%

United States

8

Ottawa-Gatineau

6.6%

Canada

10

New York

6.4%

United States

Source: Hurun Research Institute

 

 

Related research

 

Residential and overseas investments become top choices for investment that will increase over the next three years

Real estate remains the most important personal investment for high-net-worth individuals, with 23% choosing to increase residential investment in the next three years, and 44% believing that domestic property prices will grow steadily in the next two years. 17% of respondents will continue to increase overseas investment in the next three years, which remains the second preferred future investment direction for high-net-worth individuals. (according to Hurun Research Institute, Chinese Luxury Consumer Survey and Hurun Best of the Best Awards 2020)

 

Preferred Destinations for Overseas Property Purchases

London was the most popular overseas investment destination for Chinese high-net-worth individuals, Hong Kong was second, and Singapore and New York were tied for third.

 


Preferred Destinations for   Overseas Property Purchases

Proportion 

1

London

22%

2

Hong   Kong

21%

3

Singapore

18%

3

New   York

18%

5

Sydney

17%

6

Tokyo

16%

7

Vancouver

11%

8

Los   Angeles

10%

9

Seattle

7%

10

San   Francisco

6%

10

Toronto

6%

12

Boston

4%

13

Chicago

3%

Source: Chinese Luxury Consumer Survey and Hurun Best of the Best Awards 2020

 

The most popular tourist destination

Japan continues to be the most favored international tourist destination, and has significantly increased by 20 percentage points from last year. Switzerland ranked at a record high, rising two places to 2nd. The Maldives remains a stable attraction for high-net-worth individuals, ranked 3rd. In terms of domestic tourist destinations, Sanya led the most favored domestic tourist destinations for nine consecutive years.

 


International Tourist   Destination

Proportion (change) 



Domestic Tourist Destinations

Proportion (change) 

1 -

Japan

53%+20%


1 -

Sanya

44%+3%

2 ↑

Switzerland

29%+5%


2 ↑

Yunnan

32%+8%

3 -

Maldives

26%+1%


3 ↑

Tibet

29%+0%

4 ↓

France

24%-5%


4 ↑

Xinjiang

21%+1%

5 -

US

22%+2%


5 -

Taiwan

17%-3%

6 ↓

Italy

20%+0%


6 ↓

Hong Kong

16%-15%

7 ↑

New Zealand

19%+2%


7 -

Xiamen

15%+2%

7 ↓

Australia

19%-1%


8 ↑

Hangzhou

14%+3%

9 ↓

UK

16%-3%


9 ↓

Changbai Mountain

12%-1%

10 ↓

Hawaii

15%-3%


10 ↓

Sichuan

11.5%-1.5%

11 ↑

Dubai

14%+0%


11 ↓

Macao

11%-1%

11 ↑

Singapore

14%+1%


11 *

Chongqing

11%

13 ↓

Thailand

13%-2%


13 ↑

Shanghai

10%+3%

14 ↑

Germany

12%1%


14 ↓

Qingdao

9%-1%

15 ↓

Canada

9%-5%


15 ↓

Beijing

8%-1%

Source: Chinese Luxury Consumer Survey and Hurun Best of the Best Awards 2020

↑ Rank increase yoy  ↓ Rank decrease yoy  - No Rank change yoy  * New

 

The most popular destination for studying abroad

54% of Chinese high-net-worth individuals want to send their children to study in the US, and continue to grow by 8 percentage points. Second, 42% want to send their children to study in the UK, still ranking second. Australia and Canada ranked third and fourth, respectively, in line with last year. (according to Hurun Research Institute, Chinese Luxury Consumer Survey and Hurun Best of the Best Awards 2020)

 

Preferred Destinations for Immigration

Europe is the most popular destination for immigrants with a 32% selection rate. It is followed by the US with 31%. Canada and Australia both ranked third with 28%. Singapore also has a 20%, ranked fifth.

 


Preferred Destinations for Immigration

Proportion

1

Europe

32%

2

United   States

31%

3

Canada

28%

3

Australia

28%

5

Singapore

20%

Source: Chinese Luxury Consumer Survey and Hurun Best of the Best Awards 2020

 

 

Methodology

Sweetome Hurun Global House Price Index 2019 has surveyed 143 cities that are favored by China's high-net-worth people, including 40 cities in mainland China (first- and second-tier cities and some popular tourist cities such as Sanya) and 103 cities outside mainland China, which are popular with China's high-net-worth individuals. Of the 103 cities, 47 are European capitals and major cities, including 8 from the UK, 6 from Germany and 4 from France; 23 in the US; 18 in Asia; 6 in Canada;4 in Australia; 2 in New Zealand; 1 in Africa and 1 in South America.

 

* The information in this article is for reference only, investors operate on the basis of risk.

 

 

About Sweetome Group

 

Sweetome Group is a leading sharing accommodation operation and management group in global. Sweetome focus on total solution for both short- and long-term rental management services, provides services for house owners, help them improve assets value and satisfy the personalized needs of customers. Sweetome aims to share every idle house to travelers who are eager to find a warm and lovely place during travel.

 

Since 2011, Sweetome has operated over 60,000 vacation rental houses in more than 280 destinations. Sweetome owns several well-known brands including Sweetome Apartment, Hi Villa, City-Home, YouJia, TOWO, GOMO, WOGO, Tuyuan, Tuli. Since 2018, Sweetome has sped up its international expansion effort with its rental management services being operated in Australia, Canada, Cambodia, the United States, Greece and Thailand.

 

For more information, please visit www.sweetome.com or call our customer service number 4006601166.

 

About Hurun Report Inc.

Promoting Entrepreneurship through Quality Lists and Research

Hurun Report generates 300 million views globally on average every month, through putting out quality lists and research.

 

Established in 1999 by British accountant Rupert Hoogewerf, Hurun Report Inc. has grown into a leading research platform based in Shanghai and Mumbai, best-known for its China and India rich lists, and with 150 employees today.

 

Hurun Research Institute ‘World’s Largest Rich List Provider’

2020 marks the 21st anniversary of Hurun Report, highlighting the fastest wealth creating period in the history of the world.

 

The Hurun Richest Self-Made Women in the World has been highlighting for over ten years the fact that over 70% of the world’s most successful women in business herald from China, ie Chinese are completely dominant in the world of women in business. This has changed the way the world looks at Chinese women in business.

 

The Hurun China Philanthropy List ranks the most generous individuals in China and is now in its 15th anniversary.  With no inheritance tax, Chinese give much more generously than many have previously understood.

 

Two recent lists with an impact include the Hurun China Unicorn Index, ranking the most dynamic businesses with a valuation of US$1bn or more in China; and the Hurun Most Successful University Alumni.

 

In India, Hurun Research has launched the Hurun India Rich List for the seventh time last year, and has an active events business there.

 

‘World Authority on the Chinese High Net Worth Individual’

Recent research partners include financial institutions (PingAn, Bank of China, Taikang Life, Minsheng, Citic), local government (Shanghai, Changbaishan) and Global 500 multinationals (Marriott, Country Garden, Agile, Audi, Volvo).

 

Three breakthrough lists this past year: Hurun Good Doctors’ List, a ranking of the 9500 most respected doctors in China, broken down by region and speciality; Hurun Best International Schools List; and Hurun Creative Works Intellectual Property List, in Search of the Harry Potter of China, ranking those online novels with the most valuable IPs.

 

The Hurun Art List ranks the top artists alive today in China for the 12th year and has become a household name amongst artists.

 

Media and Events ‘The Hurun brand gets 200 million views a month in China’

The Hurun brand has become one of the few non-Chinese media brands to become a household name across China.

 

Hurun Media monetizes 1 million views a month in China, through its wechat, weibo, website and legacy magazine.

 

Recent themed events include blockchain, fintech and 30 under 30, with industry-respected awards. We deliver 100+ events a year in China, with 200 entrepreneurs from the Hurun China Rich List attending.

 

Hurun Report kicked off the world's largest Chinese New Year dinner series in Shanghai in 2019 on January 16, and is going to 8 cities across 4 continents. Toronto on Jan 20, New York Jan 23, LA Jan 25, London Jan 28, Istanbul Jan 29, Luxembourg Jan 31 and ending up in Sydney on Feb 18. Hurun Report’s mission is to create the world's largest platform of China gatekeepers.

 

Investments

Hurun Investments has a portfolio of 20 companies with a market value of US$50 million, with investments into tech, media, design, education as well as a vintage car race and a tailor.