Hong Kong Commercial Real Estate Market Is Hit by a Cold Wave, and the Performance of the Four Major Real Estate Companies Has Collectively Declined | Real Estate

As the Sino-US trade frictions continue and the downward pressure on the mainland economy increases, the Hong Kong economy and real estate market have shrunk significantly. The once prosperous Hong Kong-funded real estate developers are facing unprecedented challenges, with revenue declines, sharp profit cuts, and even a turnaround from profit to loss. Transformation has become a top priority. Over the past year, the commercial real estate marke…