EconomyRetail properties sold at a loss as weak market and revaluations raise bank concerns
Several retail properties recently sold by prominent Hong Kong investors went for a loss. Stanley Poon Chi-ming of Centaline Commercial said prices had dropped 30 to 70 per cent from their 2018 peaks, making a loss likely for current sales, especially of properties bought about a decade ago. Analysts cited banks’ tough approach to debt collection.
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South China Morning Post★★☆☆☆2026-10-08 11:00Original
Retail properties sold at a loss as weak market and revaluations raise bank concerns
Economy