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Hong Kong developers whipsawed by 16-year high inventories, lofty interest rates and China slowdown

August 19, 2023

By Lam Ka-sing

Hong Kong developers are set to see lower earnings than previously expected after sales slowed in the three months to June amid overall home price downtrend and interest rate upcycle.

Source: Hong Kong developers whipsawed by 16-year high inventories, lofty interest rates and China slowdown

    

Updated: August 19, 2023 at 12:00 am
Tags: China
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