Blocks of flats under construction in Tseung Kwan O, Hong Kong. A raft of cooling measures has so far failed to take the heat out of the market. Photo: Winson Wong

Expect more property cooling measures in Hong Kong ... but don’t expect them to work, says JPMorgan

  • To regain effectiveness, the government should raise the 15 per cent stamp duty or further restrict second-home buyers, says the US investment bank
  • Many observers believe there is only answer to the problem – and it’s not further cooling measures
Topic |   Hong Kong property

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Blocks of flats under construction in Tseung Kwan O, Hong Kong. A raft of cooling measures has so far failed to take the heat out of the market. Photo: Winson Wong
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