The escalation of the US-China trade war could derail the recent upbeat outlook on Hong Kong real estate, with Credit Suisse predicting that all segments of the property market will see a decline in prices this year.The Swiss bank said credit conditions could tighten further as banks become more reluctant to lend, leading to a rise in the Hong Kong interbank offering rate (Hibor), the interest rate at which banks lend to each other.“As the trade tensions escalate, we’re likely going to see…
Source : South China Morning Post
Read more…Hong Kong’s housing market doomed to retreat as trade war deepens, says Credit Suisse















