Hong Kong investor confidence in US markets rises after Trump’s election

Investors seek to increase investments in the US in 2025.

Following the 2024 US Presidential Elections, 70% of Hong Kongers identified Donald Trump as the candidate most likely to enhance the global economic climate, according to MDRi.

Nearly half (44%) of Hong Kongers acknowledge the significant influence of the US-China relationship on their local economy’s growth trajectory.

Notably, 40% of individuals in Hong Kong express concern about the potential deterioration of US-China relations under Donald Trump’s presidency. Among these, 35% of Millennials aged 30 to 44 anticipate a worsening in relations.

Meanwhile, Hong Kong investors are currently allocating more to the local market (58%) compared to the US market (19%). However, allocations to the US market are expected to rise to 24% by 2025, following Trump’s re-election.

Among these investors, Gen Z and Millennials are particularly inclined to increase their investments in the US market after the 2024 election.

Key factors influencing investment decisions for Hong Kong investors include market volatility (53%), changes in interest rates (52%), and Trump’s economic policies (50%).