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Photo: Courtesy of MassMutual Asia Ltd.
Photo: Courtesy of MassMutual Asia Ltd.

1 in 6 Hong Kongers Are Part of the 'Moonlight Clan'. Are You One of Them?

Picture of Matthew Keegan
Updated: 30 August 2017
A recent survey has found that a growing number of young people in China have their head in the clouds when it comes to saving money. The trend has become so common, it has coined its own phrase, “Moonlight Clan,” which describes those with particularly poor money management, who are defying the Chinese tradition of being the world’s best savers.