Photographer: Dale de la Rey/AFP via Getty Images

Mainland Chinese Underpin Hong Kong Luxury Rents, Savills Says

  • Vacancies for units HK$40,000-HK$100,000 remain tight: Savills
  • Housing allowances for financial services employees shrink

Chinese mainlanders are underpinning high-end residential apartment rents in Hong Kong as expatriate housing budgets in the financial industry are being slashed, according to Savills Plc.

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