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Hongkong Land Names New CEO As Underlying Profits Slump

Hongkong Land’s Robert Wong will be succeeded by Michael Smith, the regional CEO for Europe and the U.S. at Mapletree Investments.

Hong Kong Home Prices to Slump Through 2024, Morgan Stanley Says

(Bloomberg) Morgan Stanley abandoned its “too optimistic” call for Hong Kong residential property values to rebound this year, and now sees the market suffering two additional annual declines. Most Read from BloombergIsrael Latest: UN Staff Given Evacuation Order for Northern GazaTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Hamas Leaders Targeted as Ground War LoomsScalise Ends House Speaker Bid, Deepening Republican TurmoilGhost in the Machine: How Fake Part

Sluggish Retail Growth In China & More Headwinds For Hong Kong's Property Markets Drag Stocks Down - Alibaba Gr Holding (NYSE:BABA)

Stocks in Hong Kong and China closed the week out lower Friday as weak consumer sentiment and property market jitters resurfaced. The Hang Seng Index ended a three-day winning streak to end down 2.2% at 17,813.45 while China’s CSI 300 Index closed 1.1% lower at 3,663.41.

Morgan Stanley Now Sees Hong Kong Home Price Slump Through 2024

Hong Kong Home Prices to Slump Through 2024, Morgan Stanley Says