Chinese mainland homebuyers bought HK$28.2 billion worth of properties in Hong Kong during the first two months of the year, a rise of 136% year on year, The Standard reported Wednesday, citing a report from Morgan Stanley.
According to the bank, a total of 2,600 flats were sold to mainland buyers during the opening months of 2026, a growth of 91% year on year.
The rising sales were thanks to the appreciation in the yuan, which was nearly 7% higher from a year earlier at the end of February.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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