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NewChina developers expected to ramp efforts to meet full year sales targets

epa05004369 Mass residential housing under construction in Tseung Kwan O, Kowloon, Hong Kong, 31 October 2015. Property analysts are forecasting a drop in home prices in Hong Kong, as a report released by investment bank UBS showed Hong Kong in second place to London as the city most at risk of a proerty bubble. According to data released by the Hong Kong Monetary Authority, new mortgage loans totalled 20.3 billion Hong Kong dollars (Euro 2.4 billion) in September, a drop of 13.4 per cent compared with August. EPA/ALEX HOFFORD

Waiver on property floats yet to come

The mainland stock market has virtually been closed to developers since 2010 as part of Beijing's efforts to cool the real estate sector. Photo: Bloomberg

Beijing will wait until a property tax is expanded before allowing developers to raise funds from the stock market, analysts say.

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