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Thursday, July 30, 2020

The HK commercial reits are in troubles.

https://sg.finance.yahoo.com/news/hong-kongs-commercial-lenders-edge-025659845.html

The HK commercial REITs are in trouble because HK banks will be taking actions against them by recalling their loans or getting them to top up the fallen values.  We can't blame the banks because they need to cut their risk exposures too.

We had stated this situation before below.

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