HONG KONG -- Hong Kong is on track to beat New York as the most popular destination for Chinese property investors this year as uncertainty over the term of Donald Trump's presidency prompt mainlanders to stay closer to home, says Colliers International.
According to the property consultancy, Hong Kong became the second largest recipient of Chinese outbound property investment with a total of 41.3 billion Hong Kong dollars ($5.3 billion) in 2016, falling slightly behind New York's HK$44.5 billion.
