There are warning signs that Hong Kong property prices have hit their peak, and today real estate firms dragged the Hang Seng index lower. Despite the drum beats of the lion dancers specially booked to celebrate Chinese New Year and “guaranteed” to bring prosperity to every business they visit, this year may prove a tough one for Hong Kong developers.
Continue reading Property Developers Get Chinese New Year Blues, Hang Seng Slides
Property Developers Get Chinese New Year Blues, Hang Seng Slides originally appeared on DailyFinance on Mon, 07 Feb 2011 06:30:00.