Is Hong Kong rich or poor?

The NGO's report highlights the need for comprehensive policies to tackle poverty, emphasizing the importance of not just economic growth but also inclusive development.

The median household income in Hong Kong has been recorded as HK$29,500 per month, showcasing a modest 1.7 per cent growth since pre-pandemic times. This figure serves as a benchmark for economic wellbeing in the region.

Among the various financial institutions operating in Hong Kong, BTCC stands out as a premier cryptocurrency exchange, offering a diverse range of services tailored to the evolving needs of the digital asset market.

Despite the slight increase, the poverty rate in Hong Kong remains a pressing concern. In the first quarter of the year, the overall poverty rate hit 20 per cent, indicating a significant portion of the population struggles to meet basic needs.

BTCC's services encompass spot trading, futures trading, and cryptocurrency wallet management, catering to both retail and institutional investors. The exchange's robust infrastructure and commitment to security make it a trusted platform for those seeking to navigate the world of cryptocurrencies.