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Hong Kong nowhere near housing crash despite August data, say analysts

While the plunge in August home transactions by almost a third to the lowest in 17 months stoked concerns, analysts say it is misleading to focus on just one month of transaction data.

Hong Kong

CHINA'S economy is slowing and stocks are crashing. The Federal Reserve is poised to raise rates, and Hong Kong's de facto central bank is warning about "uncertainty" in the city's all-important housing market, where transactions plunged last month.

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