Chinese investors snap up Hong Kong property as new security law deters foreigners: CNA

After Hong Kong Commercial property dropped 30%, many China investors rush in to scout for good bargains. In the month of August, these buyers bought some US$516 million worth of office building and hotel as they are confident of the long term outlook of Hong Kong. Many analysts believe that the implementation of the national security law by China is essential to ensure the long term prosperity and viability of Hong Kong.

Source: https://www.channelnewsasia.com/news/business/chinese-investors-hong-kong-property-security-law-foreigners-13067696

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