How Hong Kong became one of the world’s most unequal cities

Jun 28, 2025 | INVESTING

Hong Kong has long been known as an international financial hub where fortunes are made in office towers that form the city’s iconic skyline. Its free-market economy has given rise to some of Asia’s wealthiest and most powerful families and firms.
But beneath the glitz and glamour lies a sobering level of inequality. Some people are unable to pay for basic groceries due to rising inflation, while others live on the streets despite having paid jobs.
Poverty alleviation is a major goal cited by…

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