Hong Kong-based investors still show appetite for investment in the city - survey [Reuters]
Colliers International Group Inc. - Subordinate Voting Shares (CIGI)
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Source: Reuters
Hong Kong-based investors still show appetite for investment in the city: survey HONG KONG (Reuters) - Most Hong Kong-based investors are maintaining a positive investment appetite for 2020 despite a challenging local market including an economic slowdown and social unrest, property consultant Colliers International said on Wednesday. In Colliers’ latest survey 71% of the respondents said they are looking to invest within Hong Kong, while 57% said their focus will be on value-add investments, which are generally moderate to high risk. The survey, conducted between Oct. 15 and Nov. 19, covered a pool of 79 developers, REITS, private funds and family offices based in Hong Kong. “Whilst the property market enters a consolidation phase, we expect the next 12 months to be a buyers’ market in Hong Kong, with investors looking for assets with discounted prices, which will likely have longer negotiation periods,” said Rosanna Tang, Colliers’ Hong Kong and Southern China head of research, in a
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- Colliers International Group Inc. (NASDAQ: CIGI) is now covered by analysts at JPMorgan Chase & Co.. They set a "neutral" rating and a $167.00 price target on the stock.MarketBeat
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CIGI
Earnings
- 11/5/24 - Miss
CIGI
Sec Filings
- 12/9/24 - Form 144
- 12/9/24 - Form 6-K
- 12/3/24 - Form 6-K
- CIGI's page on the SEC website