https://www.bloombergquint.com/global-economics/2018/09/26/hong-kong-s-fed-matching-hike-raises-chance-of-broader-bank-move#gs.TeLi39I
Hong Kong has to follow the US monetary policy because it pegs its HKD to USD. Therefore, it has to increase its interest rate and this will affect its property market. We had already predicted this move in our earlier post below.
https://sg-stock.blogspot.com/2018/09/hong-kong-is-going-to-raise-interest.html
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https://finance.yahoo.com/news/hong-kong-banks-raise-benchmark-lending-rates-first-045125545--sector.html
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