More than 70% of HK investors leaning to high risk, newer assets

One asset which investors showed interest in was cryptocurrencies.

More than 70% of Hong Kong inventors are inclined to invest in high risk or newer assets, the Schroders Global Investor Study has found.

Specifically, investors have invested or eyeing to put their money into three types of investments, namely: electric vehicle-related stocks and funds (81%), biotech/pharma stocks or funds (81%), and cryptocurrencies (71%).

About 26% of the 500 Hong Kong investors surveyed said they are already involved in each of these three assets.

Hong Kong investors, however, are still less aggressive than other investors in the Asia region from a geographic perspective, according to the study.

Overall, 49% of Hong Kong respondents said they are likely to make higher-risk investments under low-interest-rate conditions. This compares to 59% in the wider Asia region as a whole.