To mask or not to mask? That is the question. Covid-19 has woken the rest of the world to a practice with which the people of Hong Kong are very familiar. The SARS epidemic brought home the utility
According to analysts at the Hong Kong Monetary Authority (BofA), Bank of America (HKMA) plans to loosen restrictions on down-payments for buyers this year if property prices continue to fall. According to the report, Raymond Ngai, from BofA's Merrill Lynch unit said, “prices have fallen 8% since September and with another 5% to 10% drop you may see the HKMA relax restrictions.” Analysts are predicting that home prices could fall as much as 30% due to more properties entering the market and a predicted increase in short-term interest rates.