Hong Kong(CNS)-- A survey released by China Construction Bank (Asia) in Hong Kong on Thursday shows that about 80 percent of respondents expect the RMB to continue to rally, and the majority agree that RMB assets should be added to the asset portfolio, reflecting a high demand for RMB investment products among HK residents, according to reports on Thursday.
The survey was conducted last month among 805 Hong Kong residents aged 20-60 with personal monthly incomes of HK$10,000 or higher, or household incomes reaching HK$20,000 or higher.
The survey shows there is general consensus among respondents that the RMB will continue to appreciate, with 80 percent of them expressing optimism about RMB's future, whether in the short-term (12-month period), or a longer 3 to 5-year period.
Fifty-three percent of respondents say that investment in RMB assets will effectively add to the appreciation of capital, while 54 percent agree that RMB assets should be included in any superior investment portfolios.
The survey also shows that HK stock shares remain the most preferred options for bank products and services, followed by RMB deposits. Moreover, respondents showed a bigger interest in investing in RMB bonds over Hong Kong dollar bonds.
Almost 60 percent regret not making enough investments in RMB products despite a sharp appreciation of the RMB over the past few years.
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