{"id":110625,"date":"2019-09-10T17:30:11","date_gmt":"2019-09-10T10:30:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/capital-outflows-amid-hong-kongs-protests-could-have-caused-record-drop-in-forex-reserves-analysts-say\/"},"modified":"2019-09-10T18:07:16","modified_gmt":"2019-09-10T11:07:16","slug":"capital-outflows-amid-hong-kongs-protests-could-have-caused-record-drop-in-forex-reserves-analysts-say","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capital-outflows-amid-hong-kongs-protests-could-have-caused-record-drop-in-forex-reserves-analysts-say\/","title":{"rendered":"Capital outflows amid Hong Kong\u2019s protests could have caused record drop in forex reserves, analysts say"},"content":{"rendered":"


\nMoney being taken out of Hong Kong amid the anti-governments protests, as well as China\u2019s cooling economy and the mainland\u2019s trade war with the United States, could have been the cause for the city\u2019s foreign exchange reserves posting their biggest monthly drop on record in August, analysts said.Foreign exchange reserves fell from a record high of US$448.4 billion in July to US$432.8 billion last month, with the US$15.6 billion decline the biggest since the data was first published in 1988, the\u2026
\n
\nSource : South China Morning Post
\nRead more…Capital outflows amid Hong Kong\u2019s protests could have caused record drop in forex reserves, analysts say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Money being taken out of Hong Kong amid the anti-governments protests, as well as China\u2019s...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110625","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sMh","jetpack-related-posts":[{"id":32539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-housing-markets-in-waitn-see-mode-after-beijing-taps-shut-key-channel-of-capital-outflows\/","url_meta":{"origin":110625,"position":0},"title":"Hong Kong\u2019s office, housing markets in wait\u2019n see mode after Beijing taps shut key channel of capital outflows","date":"November 1, 2016","format":false,"excerpt":"\r The decision by UnionPay to ban customers from using its service to buy investment-related insurance policies in Hong Kong could crimp the demand for office space and housing in the city, according to analysts. \u201cGiven that insurance is one of the very few subsectors that have been growing steadily\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hotel-valuations-drop-vacancy-rates-soar-as-business-travellers-and-tourists-avoid-city-amid-street-protests\/","url_meta":{"origin":110625,"position":1},"title":"Hong Kong\u2019s hotel valuations drop, vacancy rates soar, as business travellers and tourists avoid city amid street protests","date":"November 13, 2019","format":false,"excerpt":"\r Investments in new hotels grounded to a halt in Hong Kong, as valuations fell 10 per cent amid record vacancy rates caused by business travellers and tourists who are avoiding the city\u2019s anti-government protests.The average room rate at three-star hotels fell 46 per cent to HK$446 (US$57) for the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134368,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-world-development-denies-sale-of-k11-atelier-stake-citing-robust-cash-reserves\/","url_meta":{"origin":110625,"position":2},"title":"Hong Kong\u2019s New World Development denies sale of K11 Atelier stake, citing \u2018robust cash reserves\u2019","date":"February 2, 2023","format":false,"excerpt":"\r The developer, owned by the family of billionaire Henry Cheng Kar-shun, issued a statement to say it has US$13.4 billion in capital and \u2018no plans to sell any stake in K11 Atelier King\u2019s Road\u2019.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s New World Development denies sale\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111792,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-home-sales-sink-to-five-year-low-in-september-as-caution-prevails-amid-protests\/","url_meta":{"origin":110625,"position":3},"title":"Hong Kong\u2019s luxury home sales sink to five-year low in September as caution prevails amid protests","date":"October 22, 2019","format":false,"excerpt":"\r Sales of luxury homes fell to a five-year low last month as Hong Kong\u2019s property market continued to reel from the ongoing civil unrest, extending a decline that started in June.Only 93 new and used homes worth more than HK$20 million (US$2.55 million) each were sold, totalling HK$4.68 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49919,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-grade-a-office-market-to-lose-leasing-momentum-in-2017-says-cbre\/","url_meta":{"origin":110625,"position":4},"title":"Hong Kong\u2019s grade-A office market to lose leasing momentum in 2017, says CBRE","date":"March 28, 2017","format":false,"excerpt":"\r Grade A offices in Hong Kong are likely to lose leasing momentum in 2017 amid Beijing\u2019s tighter grip on capital outflows as well as weaker demand from multinational companies, according to real estate consultancy CBRE. While new supply of office space in the city is expected to reach the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125213,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-analysts-reverse-bullish-forecasts-in-u-turn-for-property-market-as-home-sales-plunge-to-near-zero-amid-worsening-covid-19-outbreak\/","url_meta":{"origin":110625,"position":5},"title":"Hong Kong analysts reverse bullish forecasts in U-turn for property market as home sales plunge to near zero amid worsening Covid-19 outbreak","date":"March 14, 2022","format":false,"excerpt":"\r Hong Kong\u2019s home prices could drop 10 per cent in the first half, as the city\u2019s worsening Covid-19 outbreak caused the first three months to be a washout for property sales, forcing analysts to reverse their forecasts.Home prices may fall by 5 per cent in 2022, according to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110625"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=110625"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110625\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}