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Analysis: Hong Kongs property developers will struggle to service their bulging debts as interest rates soar, analysts warn : comparemela.com
Analysis: Hong Kong's property developers will struggle to service their bulging debts as interest rates soar, analysts warn
As in the years from 1997 to 2003, a struggling housing market, slowing economy and surging interest rates are making the debt levels of the city’s home builders a cause for concern.
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