Gen Z investors in Hong Kong favour AI and new energy sectors
Older investors lean toward utilities.
Three in 10 Gen Z investors in Hong Kong are drawn to innovative sectors like AI and new energy, Yahoo found.
In a report, Yahoo said Gen Z investors are generally more open to risk and possess higher return-on-investment (ROI) expectations compared to older generations.
Meanwhile, older investors aged 60 and above lean more towards utilities (39%), while those between ages 30 to 39 years prefer investing in AI (27%), new energy (26%), and electric vehicles (12%).
In Hong Kong, individuals generally embark on their investment journey in their 30s to build wealth.
On average, 30% of total assets are allocated to financial products, equivalent to 19% of disposable income.
Monthly investment expenditures reach an average of HK$387,000, with stocks being the top asset class. Younger investors show a distinct interest in U.S. markets.