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HK property prices more affordable compared with some China cities: BAML

Interest from mainland buyers, amid a surge in home prices in many cities there, may support territory's property market, analysts add

Published Fri, Oct 14, 2016 · 09:50 PM
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Hong Kong

CHINESE buyers are stepping up home purchases in Hong Kong, where prices are becoming "relatively more affordable" compared with some major mainland cities, according to Bank of America Merrill Lynch (BAML).

Interest from mainland buyers, amid a surge in home prices in many Chinese cities, may support Hong Kong's property market, analysts Karl Choi and Fan Tso wrote in a note dated Thursday.

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