The protests hit Hong Kong to usher in a low key traditional 2020 new year celebration, with many locals looking forward to a better 2020. While many are hoping that city will turn a corner, it’s been unfortunately hit by the Coronavirus. As the virus began to abate, the protests started gaining momentum again. Since mid-2019, many mainland tourists and foreigners have largely avoided travelling to HK, and even travel insurance companies started imposing exclusion for injuries sustained during the protests (even if you are a victim).
Hong Kong shares naturally took a beating, including Reits with exposure to Hong Kong. Despite the doom and gloom, I there are still some bright spots in the Hong Kong stock market. One of the Reits which I believe is resilient and has much growth potential is Link Reit.
Link Reit is one of the largest Reit by market Capitalization...