Core Viewpoint - The article highlights a cultural shift among high-net-worth individuals in China, showcasing their increasing preference for street food and casual dining experiences as a form of social identity and psychological relief from high-pressure lifestyles [11][18][23]. Group 1: Social Behavior and Identity - The presence of wealthy individuals, such as He Youjun, at street food stalls illustrates a trend of elite classes engaging in "downward mobility" in consumption, seeking authentic experiences over luxury dining [11][14]. - The act of enjoying street food has become a new status symbol among the elite, reflecting a collective desire to connect with everyday life and break down class barriers [13][20]. - The juxtaposition of high-profile individuals in casual settings signifies a shift in social norms, where traditional markers of wealth are being replaced by more relatable experiences [16][23]. Group 2: Economic Implications - A report by Bain & Company indicates that China's high-net-worth individuals are reaching a "de-luxurization" turning point in their daily consumption, favoring genuine life experiences over ostentatious displays of wealth [18]. - The spending behavior observed, such as a bill of 878 yuan for a meal, highlights a significant change in consumer habits, where even affluent individuals are embracing more affordable dining options [9][16]. - The phenomenon of elite individuals frequenting street food venues suggests a potential shift in the food and beverage industry, where casual dining may become a more prominent segment as consumer preferences evolve [14][18].