Insight - Hong Kong property investors fear the Fed


US monetary policy is critical to asset prices in Hong Kong

IF Hong Kong real estate were a stock, investors might have reason to start getting worried. Home prices rallied this year, reaching within about 1% of their 2019 record before retreating in the first week of July, according to a widely followed index compiled by Centaline Property Agency Ltd.

That leaves the chart looking like the dreaded “triple top”, a bearish technical indicator in the equity market.

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Insight , US , monetary policy , critical , Hong Kong , property , assets ,

   

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