A total of 46.5 percent of China's high net worth individuals, or those whose wealth is valued above $1.5 million, are considering immigrating overseas, according to an industry report released Sunday.
The report, jointly issued by the Hurun Research Institute and Visas Consulting Group, said that 9 percent of the HNWI have applied for or are in the process of applying for immigration visas. The yuan's depreciation and tightened control over the property market in the first-tier cities are factors for the trend, it said.