Analysts expect the Federal Reserve to start cutting interest rates next year, with one expecting the first salvo in March. Lower rates would benefit Hong Kong’s property and capital markets, and boost the yuan, they said.
A shift in Chinese
retailers strategy toward lower-priced goods and services to
win cost-conscious consumers risks embedding the country s
recent deflationary trends more permanently into the.
Next year, close to $25.6 billion of bank loans taken out by Hong Kong’s property developers will be due, and only 15% of them have been or are close to being refinanced. Whether banks will continue lending to the business elites has become a hot issue, as commercial real estate woes plague the world’s biggest cities