Markets

Rising Rates Ready to Descend Upon Hong Kong

Economic forecasts are predicting gloomy skies in Hong Kong as rising rates are ready to descend upon the city, which could hamper the area's local housing market as the monetary policy leans more towards a tightening that could put a stranglehold on financing options. In Hong Kong, finance and real estate comprise a $340 billion [...] Read more on ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

HYGH

Other Topics

ETFs