ABU DHABI/WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Hong Kong property shares turn toxic as mortgage costs spike
Bloomberg Hong Kong’s property developers are fast falling out of favor among investors as surging mortgage costs and punitive taxes threaten to choke home sales. A gauge of real estate companies traded on the city’s stock market has tumbled 13 percent this quarter, with developers accounting for half of the biggest losers on the benchmark Hang Seng Index, which ...
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