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HK developers' cash flows seen to weaken

Tuesday, January 14, 2014 - 06:00

[HONG KONG] Hong Kong developers' cash flows are set to weaken on rising costs and declining margins, as they reduce prices to boost sales of new homes, according to Standard & Poor's.Developers' margins will probably drop more than 10 per cent in the next 12 to 18 months due to higher land

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