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"\nSome years ago, I interviewed HSBC's Asia-Pacific chief executive, Peter Wong Tung-shun.  I can still recall  how he easily listed the many property cycles in Hong Kong that he experienced in his banking career, each with specific reasons for their ups and downs. Seasoned professionals are familiar with property cycles, but not everybody is.\n\nA new book by a former top HSBC and Credit Suisse analyst, Derek Cheung Yat-ming,  now a fund manager, is throwing some light on this subject. Cheung says the city..."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.scmp.com/article/994141/ups-and-downs>