People walk by the Tencent Holdings headquarters in Shenzhen on March 20. Shenzhen is moving away from manufacturing to become a hub for the hi-tech industry. Photo: Bloomberg
People walk by the Tencent Holdings headquarters in Shenzhen on March 20. Shenzhen is moving away from manufacturing to become a hub for the hi-tech industry. Photo: Bloomberg
Shenzhen

Letters | Are Shenzhen’s high home prices a trap or an opportunity?

  • As Shenzhen embraces hi-tech industries and land prices rise as a result, the firms that once drove the city’s growth could relocate and boost economic expansion elsewhere

People walk by the Tencent Holdings headquarters in Shenzhen on March 20. Shenzhen is moving away from manufacturing to become a hub for the hi-tech industry. Photo: Bloomberg
People walk by the Tencent Holdings headquarters in Shenzhen on March 20. Shenzhen is moving away from manufacturing to become a hub for the hi-tech industry. Photo: Bloomberg
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