Property News · August 26, 2021

Midland, Hong Kong’s only listed property agency, warns that emigration could threaten economic development and housing market


Midland Holdings, Hong Kong’s only listed property agency, said on Thursday that a sustained wave of emigration could threaten the development of the city, its economic recovery and the housing market.The agency reported a return to profit following a recovery in Hong Kong’s housing market. For the six months ending on June 30, its net profit amounted to about HK$176 million (US$22.6 million), compared to a loss of about HK$24 million in the same period last year, according to a filing made…

Source : South China Morning Post
Read more…Midland, Hong Kong’s only listed property agency, warns that emigration could threaten economic development and housing market

You may also like...