Market cap of the REITs market in Hong Kong 2019-2024, by quarter
The market cap of real estate investment trusts (REITs) in Hong Kong declined in the fourth quarter of 2024. As of December 2024, the aggregate market capitalization, or the market value of the outstanding shares of stocks of all REITs, amounted to 13.84 billion U.S. dollars, down from 33.5 billion U.S. dollars in June 2019. REITs are companies that own or finance rental real estate. One of their major benefits is liquidity: Though not all REITs are publicly traded, many of the major ones are, which allows investors to easily buy and sell shares. Because REITs pay out most of their taxable income to shareholders as dividends, they typically do not pay any corporate income tax.
