13-06-2016 11:21 via news.yahoo.com

Fears in China's 'Silicon Valley' that property boom will hurt tech boom

By Clare Jim and James Pomfret SHENZHEN, China (Reuters) - A housing boom in China's wannabe "Silicon Valley" of Shenzhen risks undermining the city's tech boom as young professionals consider moving out to avoid the highest residential prices in the country. In the space of four decades, Shenzhen has transformed itself from a fishing village into a manufacturing center and now a tech hub - attracting top firms and young talent in sectors including technology, advertising and design. The tech hu
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