Hong Kong Home Prices to Decline as Much as 25%, Bernstein Says

Hong Kong home prices will fall as much as 25 percent after the government stepped up measures to curb an asset bubble and as banks raised mortgage rates, according to Sanford C. Bernstein H.K. Ltd. The number of new apartment sales will “remain largely subdued” with developers shifting their fo…

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Hong Kong Home Prices to Decline as Much as 25%, Bernstein Says

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