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HK's rich hesitate to have babies

3-MIN READ3-MIN
Jennifer Ngo

A majority of Hong Kong's highest earners, childless or otherwise, do not plan to have any children in future, a survey commissioned by the South China Morning Post shows.

Financial considerations were the most widely cited factor among those with children, and the emotional burden of raising a child was the main reason preventing those without children from wanting to do so.

'You need time and money to raise a child. But even more importantly, it's also a big emotional commitment,' said Joyce Ho Mei-yee, 36, who has a five-year-old daughter.

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'I already feel guilty sometimes when I have to work and leave my daughter with the maid.'

The poll results provide an insight into why the city's fertility rate is the third-lowest in the world - only Macau and Singapore rank lower.

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The low birth rate has raised fears of a looming labour shortage. A government manpower study concluded in February that the city would run short of workers by 2018.

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