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Morgan Stanley Says Hong Kong's Housing Sector Is Bottoming Out

Morgan Stanley Says Hong Kong's Housing Sector Is Bottoming Out

Bloomberg5 hours ago

Hong Kong's residential property market is poised for a recovery after enduring a seven-year downturn, according to Morgan Stanley.
Home prices in the city are set to bottom out, driven by an influx of mainland Chinese buyers, improved capital markets and a recent plunge in interest rates, analysts led by Praveen Choudhary said in a report dated June 19.

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