The share of mainland Chinese buyers in Hong Kong’s luxury residential property transactions declined in the third quarter, according to data by Centaline Property Agency, as the yuan weakened against the city’s dollar-pegged currency.
Mainland Chinese made up 15.8 per cent of buyers during the quarter, 5.5 percentage points fewer than in the second quarter, and the lowest since 2015, according to Centaline’s data tracking the sales of residential property valued at HK$12…
Source : South China Morning Post
Read more…Mainland Chinese buyers stayed off Hong Kong property as yuan weakened















