A young buyer looks over a possible purchase. Increasing numbers of grown up children above 18 years old are relying on handouts by their parents, even into their 30s, on everything from home purchase to everyday living costs. Photo: SCMP
Enoch Yiu
Opinion

Opinion

White Collar by Enoch Yiu

Offering ‘Bank of Mum and Dad’ to their children eats into Hongkongers’ pension plans

A global survey reveals some 60 per cent of Hong Kong parents are still doling out their hard-earned cash in some shape or form to offspring well into their 30s

TOP PICKS

A young buyer looks over a possible purchase. Increasing numbers of grown up children above 18 years old are relying on handouts by their parents, even into their 30s, on everything from home purchase to everyday living costs. Photo: SCMP
READ FULL ARTICLE