Hong Kong housing prices are still going through the roof, but investors’ concerns over how much room the property market has to run are keeping developers’ stock prices lagging behind. Home prices in the city jumped nearly 17 percent last year and have nearly tripled since 2009, the Wall Street Journal reported. But despite strong sales, stock prices for major developers are trading at an average discount of 40 percent to their net asset value. […]
source https://therealdeal.com/2018/03/21/hong-kongs-real-estate-stocks-arent-keeping-up-with-housing-prices/
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