Hong Kong accounted for 92% of the Chinese investment, according to the Knight Frank agency. With Beijing cracking down on foreign deals by mainland companies, investors there are instead using Hong Kong as a conduit for overseas deals. "Deals from mainland China already make up a smaller proportion of the activity from the region, with Hong Kong investors most active," said Anthony Duggan, head of capital markets research at Knight Frank. "We expect that Chinese investors will still look to make strategic real estate purchases that fit within their business plans." Tens of thousands protested in Hong Kong on Sunday against the jailing of the young activists, with many demonstrators questioning the independence of the judiciary.

Source: Bangkok Post August 22, 2017 02:03 UTC