227 view s
Photo by Ryan Kwok on Unsplash

Why GBA consumers invest in Hong Kong

Most (78%) cite higher returns than on the Mainland.

Hong Kong’s reputation as a financial centre has improved over the past year, data from McKinsey & Company showed.

According to the study, 78% of consumers from the Greater Bay Area (GBA) are investing in Hong Kong due to earning higher returns than on the Mainland.

The same number of consumers said they choose Hong Kong to seek more stable returns.

Other reasons why GBA consumers invest in Hong Kong include preparation for investment immigration (48%), preparation for their children’s overseas education (35%), risk diversification (34%), and emergency asset allocation (24%).

When choosing a financial institution in Hong Kong, GBA consumers look for an attractive interest rate on savings accounts (61%) and low management and transaction fees (51%).

Few cited the quality of financial advisors (16%) and good online experience (6%) as the top reasons for selecting a financial institution in the city.

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!