Citi predicts home prices to slump in 2024
Edited By WION Video Desk
Published: Jan 15, 2024, 19:30 IST | Updated: Jan 15, 2024, 19:30 IST
Hong Kong’s property firms face a squeeze in 2024 from rising funding costs & sluggish home sales & office rentals. According to reports, some of hong kong’s major banks have cut-off fresh financing to the city’s highly leveraged or weak property companies.
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