0017 hk: Live Updates : Vimarsana.com

0017 hk : Live Updates Every Minute from 25K+ News Agencies Across the Globe

Hong Kong's Property Tycoons Face a Political Typhoon

Card image cap


Updated Oct. 4, 2019 5:45 am ET
Hong Kong’s real-estate developers are being boxed into a corner by the city’s incendiary politics. Whatever way the protests end, the lucrative sector is emerging as a likely loser.
Hong Kong’s economy is being hammered by violent clashes between protesters and police on the city’s streets. Chronic problems with housing affordability, pegged by Beijing as a convenient cause of the distress, make developers an easy target.
The Hong Kong purchasing manager’s index, compiled by IHS Markit , came in at 41.5 for September, barely above the 40.8 recorded for August. Any figure below 50 indicates that activity is contracting, and a fourth-quarter average figure of 42 would be consistent with a 3% drop in output. That is in line with data earlier this week that showed plunging retail sales in August, down 23% year on year, the worst reading on record.

Related Keywords

Beijing

China

Hong Kong

Henderson Land Development

Demographia International Housing Affordability

Sun Hung Kai Properties

Dow Jones Company Inc

Sun Hung Kai

World Development

Reuters

New World Development

Mike Bird

All Rights

Economic News

Affordable Social Housing

Political General News

Civil Unrest

National Public Security

Society Community

Disasters Accidents

Housing Issues

Hurricanes Typhoons

Storms

Natural Disasters Catastrophes

Risk News

Social Issues

Weather

Welfare Social Services

Synd

Wsj Pro Np

Pro

Wsj Pro Com

Markets

0012 Hk

Hk 12

0016 Hk

Hk 16

0017 Hk

Hk 17

Affordable

Social Housing

Political

General News

National

Public Security

Society

Community

Disasters

Accidents

Hurricanes

Typhoons

Natural Disasters

Catastrophes

Welfare

Social Services

Trending Now

Black Rob

Fa Cup

Copa Del Rey

Stewart Cink

Joe Fournier

Felix Silla

Julius Randle

Sharon Osbourne

Liberty University Jerry Falwell Jr

Laura Bassi

Jake Paul Vs Ben Askren

Helen Mccrory

Indianapolis Shooting

Prince Philip Funeral

Jeffree Star

Selena

Donovan Mitchell

Julia Louis Dreyfus

Prince Edward

Princess Eugenie

Frank Mir

Chadwick Boseman

Black Panther

Opp

Snoop Dogg

Sarah Lombardi

Friedrich Merz

Tony Marshall

Jorge Gonzalez

Horst Hrubesch

Dogecoin

Amel Bent

Philippe Etchebest

Jim Bauer

Sarah Halimi

Chelsea Manchester City

Christophe

Thomas Pesquet

Harry Potter

Sarah Fraisou

Pablo Longoria

Sarah Ferguson

Chelsea

Amstel Gold Race

Gordon

Vitesse

K3

Frans Bauer

Jan Six

Formule 1

Windsor Castle

Campeonato Paranaense

Benfica

Vitoria

Roberto Carlos

West Ham

Israel

Boca Juniors

Tulla Luana

Deborah Secco

Caldense

Wolverhampton

Mano Menezes

Sassuolo

Ansan Greeners

Memes

Norwich

Wolves

F1

Ryujin

One Piece 1011

Desiree

Yuni Shara

Winwin

Alfredo Olivas

Tecate Pal Norte

Liga Mx Femenil

Natalie Viscuso

Rafael Nadal

Lakers Jazz

Yankees Rays

Jake Paul

Harvard

Furkan Korkmaz

Adana Demirspor

Erkan Petekkaya

Bein Sport

Fb

Panic Attack

Nets Vs Hornets

Lucio Tan

Sophie Rhys Jones

Lewis Hamilton

La Unidad

Simona Ventura

Massimo Ghini

Raoul Bova

Zagaria

Tommaso Paradiso

Nora Fatehi

Siddharth

Rashid Khan

Lalu Yadav

Sonu Sood

Chiyaan Vikram

Sugandha Mishra

Sara Tendulkar

Vivek

Madame Curie

Formula 1

Anya Taylor Joy

Epa Colombia

Everton Tottenham

Premier League

South Africa Vs Pakistan

Vadivelu

99 Songs

Jackie Chan

Pdrm

Bang Con 2021

Vikram

Thika Road

Chelsea Vs Man City

Leicester

Pentagon

Charlotte Maxeke

Chippa United

Norwich City

Anele Tembe

Championship

Motogp

Tottenham

North South Corridor

Twitter Down

Son Ye Jin

Indianapolis

Robert Whittaker

James Viscount Severn

Port Adelaide

Aflw

Sydney Swans

V8 Supercars

Liam Williams

Emily Blunt

Elizabeth Taylor

Liam Scarlett

Nadine Coyle

Michael Schumacher

Mike Tindall

Anthony Joshua

Countess Of Wessex