Friday, November 25, 2011
HK Property Stocks On China
Investors have turned bearish on Hong Kong’s property market, shorting stocks of real estate developers with fortunes closely linked to demand from mainland China. Hong Kong’s big property companies have little exposure to the mainland as most of their business is concentrated in Hong Kong, with the exception of a few. But, they aren’t immune to what’s happening there as mainland Chinese make up a huge percentage of property buyers in Hong Kong.
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