Hong Kong, which houses some of the most expensive properties in the world, is currently experiencing a crisis, with owners being forced to slash prices. The downturn in the city has persisted for around five years. Patrick Wong, Head of Bloomberg Intelligence Hong Kong & Senior Analyst - Asia Pacific Real Estate tells us if we can expect any government support and which listed players will survive this downturn.



Image Credit: shutterstock.com

Hong Kong, which houses some of the most expensive properties in the world, is currently experiencing a crisis, with owners being forced to slash prices. The downturn in the city has persisted for around five years.&nbsp;Patrick Wong, Head of Bloomberg Intelligence Hong Kong &amp; Senior Analyst - Asia Pacific Real Estate tells us if we can expect any government support and which listed players will survive this downturn.Image Credit: <a target="_blank" rel="noopener noreferrer nofollow" href="http://shutterstock.com">shutterstock.com</a>

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Advertisement