Property News · August 3, 2017

Decline in China’s outbound property investment to hit prices from Hong Kong to London, says Morgan Stanley


Tighter capital controls imposed by Beijing are slashing China’s outbound property investment, affecting property prices from London to Hong Kong, Morgan Stanley said in a recent report.
The report said outbound property investment by mainland Chinese firms was already down 82 per cent from a year ago, and is expected to plummet 84 per cent to US$1.7 billion for the whole 2017, and down another 15 per cent to US$1.4 billion next year. That trend will create headwinds for prices in Hong…

Source : South China Morning Post
Read more…Decline in China’s outbound property investment to hit prices from Hong Kong to London, says Morgan Stanley

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