China’s financial tightening has crippled outbound real estate investment this year to its lowest level since 2015, even as investment towards Hong Kong outperformed and the city emerged as the only bright spot.
Mainland China’s outbound real estate investment in the first six months dropped by 37 per cent to US$9.9 billion, its lowest level since 2015, according to Real Capital Analytics and Cushman & Wakefield.
In the second quarter, investment slumped by 45 per cent year on…
Source : South China Morning Post
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