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Nov. 9 (Bloomberg) -- The Hong Kong Monetary Authority injected HK$6.975 billion ($900 million) into the financial system to prevent the local currency from rising beyond its fixed exchange rate. Full Article at Bloomberg.com
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HONG KONG : The International Monetary Fund said Tuesday that Hong Kong faced a potential surge in property prices and endorsed a government plan to cool any overheating in the market. Full Article at Channel News Asia
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Oct. 30 (Bloomberg) -- Billionaire Lee Shau-kee said he’s sold as much as 30 percent of his Hong Kong stock to buy land for homes, anticipating that the city’s efforts to damp prices won’t work. Full Article at Bloomberg.com
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CONCERNS about a growing bubble in Hong Kong's high-end property market pushed central bankers here to increase the required down payment on luxury homes to 40 per cent, from 30 per cent. Full Article at The Australian
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By Jonathan Cheng HONG KONG -- Concerns about a growing bubble in Hong Kong's high-end property market pushed central bankers here to increase the required down payment on luxury homes to 40%, from the current 30%.The new measure, which goes into... Full Article at Wall Street Journal
