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September 24, 2026
  • China Mobile stock closes 0.19 percent lower before the bell
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Hong Kong to use 21 indicators to define poor after dropping income metric

    Hong Kong to use 21 indicators to define poor after dropping income metric

    3 months ago02 mins

    Hong Kong will measure the size of its poor using a new 21-indicator framework, abandoning the previous income-based metric said to have overestimated the number of underprivileged people by ignoring billions of dollars spent on public housing and healthcare. In a 224-page report released on Thursday, the government also raised the concept of “social transfer…

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    • China Mobile stock closes 0.19 percent lower before the bell September 24, 2026
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