The closure of a channel of capital outflows from China into Hong Kong could have an impact on the city’s office and residential markets. Star Studios, a twin block residential development, provides units as small as 142 sq ft at Wing Fung Street in Wan Chai. Photo: Dickson Lee

Hong Kong’s office, housing markets in wait and see mode after Beijing taps shut key channel of capital outflows

China’s decision to ban purchases by mainlanders of investment-linked insurance products through UnionPay could also have negative effects on local real estate, analysts say

Topic |   Hong Kong property

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The closure of a channel of capital outflows from China into Hong Kong could have an impact on the city’s office and residential markets. Star Studios, a twin block residential development, provides units as small as 142 sq ft at Wing Fung Street in Wan Chai. Photo: Dickson Lee
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