Money is created when banks lend, or there is international inflows of capital. Handout photo
Tom Holland
Opinion

Opinion

Abacus by Tom Holland

The shadow looming over Hong Kong’s pumped up asset prices

Everything seems to be turning up roses in Hong Kong’s housing and financial markets, but probable actions this year by the US Federal Reserve should give investors pause before assuming the recent past is necessarily prologue

TOP PICKS

Money is created when banks lend, or there is international inflows of capital. Handout photo
READ FULL ARTICLE