People queue at a tram station in Hong Kong’s Central district on December 13, 2022. Photo: Sam Tsang
People queue at a tram station in Hong Kong’s Central district on December 13, 2022. Photo: Sam Tsang

Hongkongers save money at highest rate in 5 years but still feel insecure, fearing ‘emergency needs’ amid economic gloom

  • Average monthly savings jumped 17 per cent to HK$7,700 compared with last year, a survey from the Hong Kong Deposit Protection Board finds
  • The total savings Hongkongers say they need to feel secure jumped 20 per cent to HK$590,000

People queue at a tram station in Hong Kong’s Central district on December 13, 2022. Photo: Sam Tsang
People queue at a tram station in Hong Kong’s Central district on December 13, 2022. Photo: Sam Tsang
READ FULL ARTICLE