Market Chatter: CK Asset Forecasts Soft Rebound in Hong Kong Home Prices

MT Newswires Live10-10

CK Asset (HKG:1113) forecasts that home prices in Hong Kong have reached their lowest point but will not rebound sharply, The Standard reported Thursday.

The developer made the forecast after it released the prices of its Blue Coast II project in Wong Chuk Hang, the report said.

CK Asset's prices in the area are 2% lower compared with other projects in the same district, The Standard said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (HKD): $34.10, Change: $+0.25, Percent Change: +0.74%

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