Property News · July 3, 2017

Mainland Chinese investors pull back from Hong Kong in wake of Beijing’s capital controls


Stricter capital controls introduced by Beijing last November have cut investment demand by mainland Chinese investors in Hong Kong by four times, according to real estate management company Jones Lang LaSalle.
Mainland investors accounted for only 7.6 per cent of the total investment volume in Hong Kong’s office sector in the first half of the year, compared to 31 per cent in 2016, said Denis Ma, head of research at JLL.
The total number of commercial property transactions valued at over…

Source : South China Morning Post
Read more…Mainland Chinese investors pull back from Hong Kong in wake of Beijing’s capital controls

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