An Overview of Regulations that Protect Real Estate Stocks, REITs and Derivative Investors in Hong Kong

Lex Et Sciential Economic Series, Vol. 18, No. 2, pp.200-211 (2011)

12 Pages Posted: 5 Jul 2013

See all articles by Rita Yi Man Li

Rita Yi Man Li

Hong Kong Shue Yan University; Hong Kong Shue Yan University

Yi Lut Li

City University of Hong Kong (CityU)

Date Written: July 2, 2013

Abstract

All investors seek to make money. The repeated financial crises in recent years not only caused many people to lose their money; it also reminds us of the importance of financial regulations to reduce investors’ losses due to improper business activities in a company or stock market. Together with London and New York, Hong Kong is one of the best known financial markets in the world. Real estate investment does not rest on direct investments in hotels, residential units, or the stock market. In this decade, Real Estate Investment Trusts (REITs) and derivatives provide a new source of investment. Yet, the huge volume of transactions coupled with increasingly complicated investment tools also implies that the rules of the legal system affect many people. While many European countries and China follow civil law systems, Hong Kong follows a common law system. Judge-made law forms one of the major sources of law and lays down the important rules on indirect real estate investment. The code of practice and legislation also provide a framework for investors and entrepreneurs.

Keywords: Real Estate Derivatives, Real Estate Stock, REITs, Hong Kong

JEL Classification: G18

Suggested Citation

Li, Rita Yi Man and Li, Rita Yi Man and Li, Yi Lut, An Overview of Regulations that Protect Real Estate Stocks, REITs and Derivative Investors in Hong Kong (July 2, 2013). Lex Et Sciential Economic Series, Vol. 18, No. 2, pp.200-211 (2011), Available at SSRN: https://ssrn.com/abstract=2288568

Rita Yi Man Li (Contact Author)

Hong Kong Shue Yan University ( email )

HK

Hong Kong Shue Yan University ( email )

10 Wai Tsui Crescent
Braemar Hill Road
North Point
Hong Kong

Yi Lut Li

City University of Hong Kong (CityU) ( email )

83 Tat Chee Avenue
Kowloon
Hong Kong

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