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Hong Kong Residents Prefer to Buy Bitcoin Over Real Estate

Hong Kong Residents Prefer to Buy Bitcoin Over Real Estate

HappyCoinNews2025/01/25 12:44
By: HappyCoinNews
BTC-0.22%

A new study by Hong Kong-based brokerage Futu Securities has revealed some interesting findings. It turns out that the younger generation of Hong Kong residents (people aged 20 to 35) are investing in Bitcoin and other cryptocurrencies.

The survey found that Hong Kongers are three times more optimistic about digital assets than real estate, with nearly 23% of respondents saying they feel more confident with bitcoin in their investment portfolio than the HK$1 million (about $128,400) needed for a down payment on a house or apartment.

Experts say it is a significant change in the thinking of Hong Kong residents, where property has always been seen as a symbol of stability and wealth.

The rationale is quite simple: in 2024 Bitcoin grew by 125%, surpassing the $100,000 mark. Hong Kong's real estate market cannot boast such a level of profitability. In addition to profitability, respondents are attracted by the freedom that cryptocurrencies provide.

In line with the values ​​of transparency and inclusiveness, Bitcoin echoes the principles of the younger generation. This not only changes the way wealth is accumulated, but also shows that tradition meets innovation in the modern financial sphere, - commented on the survey results Vivienne Wong, partner of liquid fund management at HashKey Capital.

EN @happycoinnews
EN @happycoinnews_en
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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