Chinese developers' bet on HK looks misguided

Published Wed, Feb 17, 2016 · 09:50 PM

    Hong Kong

    PRICES may be plunging but there are some who reckon real estate in Hong Kong is still a buy. Chinese developers, for instance.

    On a pure macroeconomic level, it doesn't make a lot of sense, especially since the forecast in China is for rising real estate prices and further declines in the city.