Saturday 8 May 2021
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scmp - 27 days ago

Shenzhen property: how home prices in the Chinese tech hub compare to Hong Kong’s

Shenzhen was nothing more than a fishing village four decades ago, before China carved out its first special economic zone to experiment with market capitalism.Well-heeled people from neighbouring Hong Kong flocked across the border for holidays, or to buy a second home for a fraction of what it would cost at home.Things look rather different now.Shenzhen’s economy has grown bigger than Hong Kong’s, and it is now home to several of China’s largest companies such as the US$700 billion games…


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