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Special Report - Greater Bay Area
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  • ICBC (Asia)’s mortgage financing at 3.25 per cent is said to be the cheapest, along with easier cross-border payment facility
  • Centaline expects Greater Bay Area home transactions involving Hongkongers to increase by 25 per cent this year

Prices of second-hand homes in the tech hub have risen 88.3 per cent since 2015 – more than any other city in China, according to government data.

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The plan underscores long-term ambition and prospects for the Greater Bay Area, which could be considered as the world’s 11th largest economy ahead of Russia and behind Canada, with a US$1.65 trillion combined output from its 11 cities.

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Health care is a vital part of Beijing’s goal to make the Greater Bay Area liveable for migrants. The inclusion of Hong Kong-based providers in the mainland’s insurance network is likely to spur cross-border flow of talent.

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The SCMP-Statista Growth Champions of the Greater Bay Area survey, the first of its kind, sheds light on where investors and entrepreneurs are placing their bets in an area that is projected to become one of biggest growth drivers of the Chinese economy.

Coliving spaces have proliferated in Hong Kong, from Bibliothèque in Yau Ma Tei and M3 International Youth Community in Central, to Mini Ocean Park Station in Shouson Hill, and Campus Hong Kong in Tsuen Wan