Although Shenzhen was long the poor cousin of neighbouring Hong Kong, the property markets in the two cities are diverging as Hong Kong’s highly inflated real estate prices start to fall while Shenzhen surges ahead on the back of a technology boom.
Housing prices in Shenzhen have jumped by more than 30 per cent in the year to date, making it the fastest-growing major property market in China, while asking prices for Hong Kong luxury flats have dropped by up to 5 per cent in the past three months.
The two housing markets’ deviating paths highlight the wider trends shaping the Chinese economy.
您已閱讀16%（596字），剩餘84%（3217字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。