Business Daily Media

Men's Weekly

.

Hong Kong Investors Expanding Global Reach

Hong Kong outbound investment1 totaled US$4.5 billion in Q1 2023, up by 68% q-o-q and 54% y-o-y

  • Outbound investment from Hong Kong capital has risen for two consecutive quarters
  • Mainland China remains the most preferred destination, followed by Singapore and the United Kingdom

HONG KONG SAR - Media OutReach - 28 June 2023 - Cushman & Wakefield participated at the Mingtiandi Hong Kong Focus Forum held at the Sheraton Hong Kong Hotel & Towers on Tuesday, June 27, 2023. Francis Li, International Director, Head of Capital Markets, Greater China at Cushman & Wakefield represented the firm to share his experiences and views on Hong Kong's role in global capital markets at the event's keynote panel, together with fellow panelists from Link REIT, APG Asset Management and WeWork Greater China.


"Hong Kong's financial system is highly integrated with the global economy, and its status as an international financial center is underpinned by its openness, transparency, and adherence to international standards and best practices. Additionally, Hong Kong's banking system is well-capitalized and highly liquid, with banks holding substantial reserves and capital buffers. Backed by its resilient financial system, Hong Kong-based investors play an increasingly important role in the regional and global commercial real estate (CRE) market, and have become more active in their overseas acquisitions," said Li.

According to the latest data from MSCI, outbound investment from Hong Kong capital has been rising for two quarters in a row, totaling US$4.5 billion in Q1 2023, up by 68% q-o-q and 54% y-o-y, for deals over US$10 million excluding development sites.

While mainland China remains the most preferred investment location for Hong Kong-based capital, accounting for 47% of the total cross-border transaction volume year-to-date as of June15, Singapore and the United Kingdom have become increasingly popular with Hong Kong investors, representing 33% and 10% of the total consideration, respectively. In contrast, the share of investment into the U.S. has been declining since 2019, and accounted for just 1% of the total outbound investment from Hong Kong for the year-to-date.

Share of Outbound CRE Investment from Hong Kong
Source: MSCI RCA, Cushman & Wakefield, for deals over 10m USD excluding development sites, *Year-to-date as of 15 June 2023

Li added, "We expect that capital flows between mainland China and Hong Kong will expand as the border has now reopened. Currently we are seeing a growing number of mainland China companies and fund managers establishing operations in Hong Kong to tap into the international market. Mainland China has now overtaken the U.S. as the largest geographical source of regional headquarters in Hong Kong, according to the Census department. Likewise, with increasing integration between the two economies, Hong Kong-based investors and developers will likely continue to expand their allocations in mainland China, especially in Tier 1 and major Tier 2 cities including the Greater Bay Area."

In terms of growing outbound investment into other regions, James Young, Head of Investor Services, Asia Pacific & EMEA, Cushman & Wakefield, added, "Hong Kong-based investors continue to expand their global reach by increasing allocation in overseas markets to seize opportunities in different market cycles. For instance, the rapid macroeconomic changes, including interest rate hikes in Europe and the UK, have resulted in sellers being more willing to adjust prices quickly, which is attracting Asian capital to these markets."

Notes
1For deals over US$10 million excluding development sites.

Hashtag: #CushmanandWakefield

The issuer is solely responsible for the content of this announcement.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2022, the firm reported global revenue of US$10.1 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. For additional information, visit .

News from Asia

Momcozy Ergonest Maternity Belly Band Nominated for Prestigious Kind+Jugend Innovation Award 2025

LONDON, UK - Media OutReach Newswire - 27 August 2025 - Momcozy, a leading maternity and baby brand trusted by over 3.6 million mothers worldwide, is proud to announce that its Ergonest Maternity...

Or Tor Kor Elevates Thai Agricultural Products on the Global Stage with "IFEX Connect 2025" in Manila

BANGKOK, THAILAND - Media OutReach Newswire - 23 May 2025 - The Marketing Organization for Farmers (Or Tor Kor), under the Ministry of Agriculture and Cooperatives, is set to spotlight Thailand's ...

Event Captions And Video Search Bring Evolving Intelligence To Arlo Secure Subscribers

Smarter experiences, automatically. Stay equipped with the latest AI-driven features.SINGAPORE - Media OutReach Newswire - 28 August 2025 - Arlo Technologies, Inc. (NYSE: ARLO), a leading innovat...

NIA Advances Strategic Plan to Empower Thai Innovation Businesses with Knowledge, Funding, and Global Networks to Drive Thai Innovation onto the World Stage

BANGKOK, THAILAND - Media OutReach Newswire - 28 August 2025 - The National Innovation Agency (Public Organization), or NIA, under the Ministry of Higher Education, Science, Research and Innovatio...

SIBUR Produces Test Batch at First Hexene Facility in Russia and CIS

MOSCOW, RUSSIA - Media OutReach Newswire - 28 August 2025 - SIBUR has produced the first test batch of hexene – a key component in the production of premium grades of polyethylene – at the first h...

HKPC Debuts Formnext Asia Shenzhen 2025 for the First Time As a Technical Partner Leveraging AI and 3D Printing to Drive Future Manufacturing

Empowering Businesses Expand Globally and Foster New Productivity ForcesHONG KONG SAR - Media OutReach Newswire - 28 August 2025 - The Formnext Asia Shenzhen 2025 (exhibition) was held from 26 to ...

VinFast delivers Lạc Hồng fleet for international leaders at Vietnam’s 80th National Day celebration

HANOI, VIETNAM - Media OutReach Newswire - 28 August 2025 - VinFast has officially handed over a special fleet of Lạc Hồng 900 LX vehicles, built to serve international heads of state, to Vietnam...

XTransfer Hosts "2025 TradeVision Summit"

Announces “Export Purchasing Manager Index” of China B2B Export Outlook Remains Positive in July 2025HONG KONG SAR - Media OutReach Newswire - 28 August 2025 - XTransfer, the World's Leading &...

Grade A Offices: Tenant Advantages Deepen with Greater Flexibility and Choice Greater China Top Office Supply/Demand Trends

HONG KONG SAR - Media OutReach Newswire – 28 August 2025 - Cushman & Wakefield, a leading global real estate services firm, today released its annual Greater China Top Office Supply/Demand T...

USS Hornet Museum to Host Event Commemorating U.S.-China Cooperation in WWII

BEIJING, CHINA - Media OutReach Newswire - 28 August 2025 - A joint event marking the 80th anniversary of the Allied victory in World War II will be held at the USS Hornet Sea, Air & Space Mus...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...

Revolutionizing Fulfillment: How Virtual Warehousing is Changing the Game?

The e-commerce landscape is evolving more rapidly than ever, and the way businesses are managing their fulfillment is also revolutionizing. At the...

SME lender Dynamoney welcomes new CEO, Brett Thomas

Strengthens growth ambitions and signals expanded offering Dynamoney, a leading commercial finance provider for Australian SMEs,  has today appoint...

The cost of ignoring AI governance in business

Artificial intelligence (AI) is no longer the promise of a distant future: it's active, embedded, and already shaping decisions across industries. H...

Quickli launches new SMSF product as free beta for limited time only

The leading technology provider for Australian mortgage brokers, Quickli, has answered the prayers of brokers yet again with the launch of a stand...

Portable Monitors for Coding and Programming Students

Today, coding and programming require more focus and efficiency. But, the most essential thing it demands is ample screen space. Students can stru...

Sell by LayBy