| Hong Kong's property market is at risk in the next six months of a sharp downturn in prices, Macquarie analysts said in research released earlier this week.
In a note dated Tuesday, the brokerage warned of divergence in real-estate prices, which are up 7.6% since the start of the year, and the share price of major property developers, which are down 0.4% as a group. "The physical property market looks precarious over the next six months, and we don't think developers' stocks have factored in a worst-case scenario yet," Macquarie said...............................................Full Article: Source
|