19 Dec 2019
Sentiment Wavers But No Sign of Retreating from Hong Kong
Firms are accepting and adapting to Hong Kong’s new market norm, and there has been no sign of retreating from Hong Kong thus far.
Given the new mortgage rules, we expect properties worth between HK$6 and $8 million to drive demand, boosting transaction volume by as much as 20–30% in the next three to four months.
Some retail chains have adopted consolidation strategies by shutting down outlets in the areas worst hit by protests and focusing on neighbourhood malls.
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