“If Mainland China goes down, Hong Kong goes down,” he told The Epoch Times, adding that the current measures would not change the direction of property prices.
High interest rates and political uncertainty in Hong Kong is likely to cause prime residential prices to fall more than 10 percent this year.
This may eventually lead to financial difficulties or even closure of companies, economic recession, and layoffs...
“If Mainland China goes down, Hong Kong goes down,” he told The Epoch Times, adding that the current measures would not change the direction of property prices.
High interest rates and political uncertainty in Hong Kong is likely to cause prime residential prices to fall more than 10 percent this year.
This may eventually lead to financial difficulties or even closure of companies, economic recession, and layoffs...