Kyle Chan(@kyleichan):DeepSeek founder Liang Wenfeng is one of the top 10 richest people in China. China’s Hurun Rich List has seen a surge of individuals in tech: semiconductors, AI, clean tech, etc. Meanwhile, mainland real estate used to make up 1/3 a decade ago and now has zero in the top 100.

Kyle Chan

@kyleichan

Fellow at @BrookingsInst China tech: AI, chips, robotics, EVs, clean energy High Capacity newsletter & podcast:

Joined November 2010

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Kyle Chan@kyleichan

2026.10.28 03:01

DeepSeek founder Liang Wenfeng is one of the top 10 richest people in China. China’s Hurun Rich List has seen a surge of individuals in tech: semiconductors, AI, clean tech, etc. Meanwhile, mainland real estate used to make up 1/3 a decade ago and now has zero in the top 100.