Hong Kong Property’s Curious Disconnect


Hong Kong’s towering home prices might rise another 10 percent this year. All the more reason to shun developers and buy retail or even office landlords.

That might not make sense at first glance, but the real estate boom hasn’t benefited developers in the city much in the last seven years. There’s been a disconnect, as JPMorgan Chase & Co. analyst Cusson Leung notes, between the city’s residential prices — up 200 percent since 2009 — and stocks like Li Ka-shing’s CK Asset Holdings Ltd. and Henderson Land Development Co…

Hong Kong Property’s Curious Disconnect

Categories : Real Estate

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