The slide in Hong Kong’s property market is dividing analysts at Wall Street investment banks who are telling clients different stories on the outlook for home prices this year.Morgan Stanley took a slightly bearish turn this week by tempering its forecast for a 5 per cent rise in prices this year, as economic reports last quarter disappointed. JPMorgan Chase is keeping to a 10 per cent drop in prices, with a dose caution on the risks of a second wave of US-China trade war and social unrest.The…
Source : South China Morning Post
Read more…Hong Kong property slide divides Wall Street investment banks on recovery outlook for home prices















