Hong Kong ranks 4th top source of cross-border capital

It ranked second amongst Asian countries.

Hong Kong was named as one of the global cross-border capital sources, landing fourth in the list with $64,243.75m (US$8,221m), according to Colliers’ Global Capital Flows September 2024 report.

Broken down, Collier said cross-border capital accounted for $4,531.25m (US$580m), whilst cross-border regional accounted for $59,712.5m (US$7,641m). 

The top three asset classes were industrial multifamily, and office. 

Singapore topped the Asian countries in the list, and landed second overall after the US. Other Asian countries in the top 10 were Japan and China.

“APAC is a powerhouse of economic activity, offering diverse investment opportunities across traditional sectors such as residential, commercial and industrial and logistics as well as growing specialised sectors like data centres and cold storage,” said Chris Pilgrim, Colliers’ managing director of Global Capital Markets, Asia Pacific.

“Whilst 2024’s market gains will be moderate, 2025 will see a much greater spread to yields emerge, opening up more of the market to buyers and vendors as valuations adjust,” he added.

HK$1 = US$0.128