Chinese Investors Eye Hong Kong and US Amid Regulatory Crackdown

Around half of Chinese investors with assets over HK$1 million (US$127,525) are planning to boost their investments in Hong Kong and the United States in the next 12 months to diversify their portfolios. This decision comes despite Beijing’s recent crackdown on cross-border brokerages. The DBS Treasures Affluent Investor Survey, which surveyed 1,617 individuals in Hong Kong and mainland China, revealed this trend between June and July. Hong Kong and the US emerged as the top investment destinations for mainland investors, with 51% and 41% of respondents respectively looking to increase their allocations in these markets over the next year. Mainland…