This is the first time since November amidst higher mortgage rates.
A Bloomberg report said this is according to Midland Holdings Ltd., a residential property broking service provider.
Meanwhile, “Henderson Land Development Co., the Hong Kong builder controlled by billionaire Lee Shau-kee, advanced 0.3 percent to HK$50.05. Sino Land Co., a Hong Kong developer controlled by billionaire Robert Ng, increased 1.9 percent to HK$12.94,” noted the report.
View the full report here.
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