Hong Kong parents are feeling more financially strain providing for their young children, yet they are still willing to dig deep to help pay for their children’s homes, weddings and even credit card debts when they become adults, according to a new survey.
About 70 per cent of 400 parents surveyed in May said they felt more financially stressed, with three in four respondents claiming to be worse off compared with the previous generation, according to a report issued by the Investor and Financial Education Council (IFEC) on Wednesday.