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Hong Kong Property | December 16, 2016
Property Shares Plunged After US Fed’s Rate Hike Shares plunged in Hong Kong yesterday led by property firms, following the US Federal’s decision to raise interest rates and the possibility that there might be three rate increases next year.. The Hang Seng Index dived 1.77% to 22,059.40 while HSI – Properties dropped 2.6% at the close. Among all the property shares, […]
Hong Kong Property | November 8, 2016
Property Stocks Plunged After Cooling Measures The stock prices of local property developers plunged after the government launched the cooling measures in the property market. The stock price of Sun Hung Kai (016) fell 9.88% to HK$104, making it the biggest fall among blue chips yesterday and suffering a paper loss of HK$33 billion. New World Development (017) slumped over […]
Hong Kong Property | December 16, 2016
Property Shares Plunged After US Fed’s Rate Hike Shares plunged in Hong Kong yesterday led by property firms, following the US Federal’s decision to raise interest rates and the possibility that there might be three rate increases next year.. The Hang Seng Index dived 1.77% to 22,059.40 while HSI – Properties dropped 2.6% at the close. Among all the property shares, […]
Hong Kong Property | November 8, 2016
Property Stocks Plunged After Cooling Measures The stock prices of local property developers plunged after the government launched the cooling measures in the property market. The stock price of Sun Hung Kai (016) fell 9.88% to HK$104, making it the biggest fall among blue chips yesterday and suffering a paper loss of HK$33 billion. New World Development (017) slumped over […]
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