Core Insights - The trend of Hong Kong residents moving to mainland China for retirement is increasing due to the aging population and high living costs in Hong Kong [1][2][3] - The demand for suitable retirement communities and Cantonese care services in the Greater Bay Area is growing, attracting more capital investment [1][7] - Companies like Xingye Holdings are strategically positioning themselves in the health and elderly care market to capture opportunities in cross-border retirement services [1][8] Group 1: Retirement Trends - Nearly 100,000 Hong Kong residents aged 65 and above are expected to settle in Guangdong by mid-2024, marking a 40.5% increase over the past decade [1][2] - The aging population in Hong Kong is projected to rise from 1.45 million in 2021 to 2.74 million by 2046, increasing the elderly proportion from 20.5% to 36% [2] - The average waiting time for public nursing home beds in Hong Kong is about two years, with some facilities requiring up to six years [2][5] Group 2: Cost Comparison - The monthly fees for nursing homes in Hong Kong exceed HKD 20,000, while similar facilities in mainland cities charge around RMB 4,000, making them significantly more affordable [3][5] - The cost for residents at the Tao Yuan Welfare Center ranges from RMB 3,000 to RMB 8,000, compared to at least HKD 30,000 for equivalent services in Hong Kong [3][8] Group 3: Government Initiatives - The Hong Kong government has implemented the "Guangdong Residential Care Service Pilot Scheme" to allow eligible seniors to choose designated institutions in mainland China, with costs covered by the government [5] - As of September 2025, the number of participating nursing homes in Guangdong has expanded to 24 [5] Group 4: Company Strategies - Xingye Holdings has established a comprehensive strategy for health and elderly care, focusing on mergers and acquisitions alongside self-investment to enhance its market position [1][8] - The Tao Yuan Welfare Center collaborates with Hong Kong institutions to provide services that meet local standards, integrating Hong Kong's elderly care practices with mainland resources [7][8] - The center has seen a doubling in occupancy rates since joining the Guangdong care service program, indicating strong demand from Hong Kong seniors [8]
港人“北上养老”获央视关注 兴业控股（00132.HK）占据先发优势