ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business trends

China's top companies dangle housing benefits as prices soar

Public and private sectors adapt to urban influx, but not always in sync

Shenzhen's rapid growth is testing both companies' and government's ability to adapt.

GUANGZHOU -- Tencent Holdings stoked jealousy among Chinese netizens with an announcement in late April that it had expanded a program to fund housing purchases for its employees. Workers can now receive interest-free loans of up to 900,000 yuan ($141,000) for their first home, an 80% increase in the upward limit.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more