Property News · June 2, 2019

Worsening US-China trade war hits Hong Kong’s office rental market as companies put expansion plans on hold


The worsening US-China trade war, which continues to depress stock markets and the economy, is affecting Hong Kong’s office leasing market, as a growing number of companies are holding back their expansion or relocation plans, say market observers.Hedge funds, asset management companies and foreign trading firms are taking a wait-and-see approach.Hong Kong’s benchmark Hang Seng Index lost 9.42 per cent of its value last month after the US escalated the trade war by announcing an increase in…

Source : South China Morning Post
Read more…Worsening US-China trade war hits Hong Kong’s office rental market as companies put expansion plans on hold

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