Hong Kong faces housing risks as Fed tightening looms: IMF
Fund also flags risks from market volatility linked to UK and European banks
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Hong Kong
STRETCHED property valuations mean Hong Kong's economy is vulnerable if interest rates rise faster than expected, the International Monetary Fund (IMF) said.
In its annual assessment of the Asian financial hub, the IMF identified three main risks - rising interest rates and potential global market volatility, China-linked stress, and a possible downturn in the property market.
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