Property News · September 1, 2020

Mainland Chinese firms plough their cash into Hong Kong property as souring foreign ties put US, Australia, UK out of the picture


Capital from mainland China is likely to be the main source of investment in Hong Kong property in the foreseeable future, analysts said, as Chinese businesses face deeper scrutiny elsewhere amid worsening relations with a number of western countries, particularly the US and Australia.In the first half of the year, mainland Chinese investment in Hong Kong real estate picked up and accounted for almost all cross-border investment versus 61 per cent of the total a year earlier, according to the…

Source : South China Morning Post
Read more…Mainland Chinese firms plough their cash into Hong Kong property as souring foreign ties put US, Australia, UK out of the picture

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