Hong Kong's Surprising Rise as One of the World's Most Unequal Cities π
Discover how Hong Kong transformed into one of the most unequal cities globally. Subscribe for more insights and explore the factors behind its wealth gap.

South China Morning Post
660.8K views β’ Jun 28, 2025

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Hong Kong has long been known as an international financial hub where fortunes are made in office towers that form the cityβs 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 the city's government and authorities have targeted the problem with several task forces, including one focused on the issue of subdivided flats. However, many challenges remain.
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Read more about Hong Kong: https://sc.mp/14b658
Hong Kong has long been known as an international financial hub where fortunes are made in office towers that form the cityβs 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 the city's government and authorities have targeted the problem with several task forces, including one focused on the issue of subdivided flats. However, many challenges remain.
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https://subscribe.scmp.com
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Website: https://www.scmp.com
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Linkedin: https://www.linkedin.com/company/south-china-morning-post/
#scmp #SCMPExplains #HongKongeconomy
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Video Information
Views
660.8K
Likes
7.5K
Duration
11:08
Published
Jun 28, 2025
User Reviews
4.5
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