A key issue in Hong Kong society today is the high level of poverty and the growing income and wealth gaps. Poverty has become a daily issue of media attention and social debate, a sign that the Hong Kong public wants to understand why poverty remains a serious problem for so many people amidst such wealth. How is it that Hong Kong, one of the richest societies in the world, falls behind in helping the poor? How did Hong Kong society become so unequal? This report is the first work of a publications series Civic Exchange will be exploring in 2011-2013 on the phenomenon of poverty in Hong Kong. While it does not answer the vital questions fully, it uses available economic data and raises some questions for consideration.