HK property shares on the rise


Price discount: Construction cranes in front of mass residential housing in Kowloon, Hong Kong. Property analysts are forecasting a drop in home prices in Hong Kong. — EPA

HONG KONG: These days, Jonas Kan divides his time between forecasting how far Hong Kong property prices will fall, and how much real estate stocks will rise.

While home prices are poised to fall as much as 10% by the middle of 2016, Kan reckons, publicly-traded shares have baked that in and more.

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