Tag: hong kong property market correction
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Panic selling can only happen when businesses are hit hard
Buy something to live in, not for speculation because the latter is like gambling. This was what Hong Kong’s third-richest man, Lui Che-woo advised in an article in South China Morning Post here. I think his advice is a sound one. 🙂 In the same article, investment bank CLSA has predicted that property prices would drop…