Spectre of mass lockdown to send Hong Kong property market into ‘deep freeze’ as transactions plunge to 25-month low

• The grim projection by property agents comes as total transactions plunged to a 25-month low of 3,992 deals in February, according to Centaline
• The government is expected to impose a ‘large-scale lockdown’ as part of its universal coronavirus testing drive in the second half of the month