Shenzhen too pricey? Cost-conscious Hongkongers dig deeper into mainland China

Hong Kong residents, particularly retirees, are finding Shenzhen, a city in mainland China, too expensive for their budget. Rising costs in Shenzhen, where a meal for four that once cost around 300 yuan now costs 500 to 600 yuan, are prompting cost-conscious Hongkongers to explore other options in mainland China. Cities like Guangzhou and Zhongshan, which are within two hours of Hong Kong, offer more affordable alternatives, with meal prices significantly lower than in Shenzhen.

Why it matters

Hong Kong residents are looking beyond Shenzhen to other parts of mainland China due to high costs. This could lead to increased economic activity in these areas as they attract more visitors and investment.

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