Commercial buildings in the Admiralty district of Hong Kong. Photo: EPA-EFE
Mainland Chinese firms plough their cash into Hong Kong property as souring foreign ties put US, Australia, UK out of the picture
- In the first half of the year, mainland Chinese investment in Hong Kong real estate accounted for almost all cross-border investment, according to Colliers
- ‘Given the current tensions between China and some western countries, in particular the US, a lot of mainland capital will prefer to invest in Hong Kong instead,’ said Antonio Wu of Colliers
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China-Australia relations
Commercial buildings in the Admiralty district of Hong Kong. Photo: EPA-EFE