Few property markets have suffered as many blows as Hong Kong has over the past two years. The cumulative impact of China’s economic slowdown, trade tensions and the mass anti-government protests tipped the city into recession even before the Covid-19 pandemic erupted.In Hong Kong’s office market, leasing activity had already slowed sharply in the final quarter of 2018, as the fallout from Beijing’s deleveraging campaign and the trade war led to a steep decline in demand from mainland companies…


READ  Hong Kong records zero new COVID-19 infections as gov’t relaxes restrictions


Please enter your comment!
Please enter your name here