peteus,
Direct real estate market in Hong Kong is quite mature with relative transparent information. Both leasing and sales markets have been hard-hit in the past 12 months, with shinking investor confidence and quest for cash and liquidity. Indirect real estates are somehow highly correlated to the stock market and slumps. The REIT market here is in its infact stage and all except one have been trading at significant discount to NAV ever since their listing. No need to mention about structured products - CDOs, CDS have created phobia everywhere and not only in Hong Kong.
CAIA designation is yet to be very popular in Hong Kong but is gradually catching attention. But I don’t think it helps much in securing jobs in the AI or finance industry yet.
Interesting enough, I have heard of some finance guys pursuing this program as a substitute of CFA for its relatively ease in completion - 2 levels of exams, as fast as 1 year to complete, less studying lead-time for each level. I am not in this camp, however.