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    HK official issues warning on property market  

    香港“財爺”:最憂樓市與經濟表現嚴重脫節

    香港特區政府財政司司長曾俊華21日表示,外圍環境艱難,香港的出口前景不容樂觀,必須提防經濟會有進一步轉壞的風險。而最讓他憂慮的是現時香港樓市與經濟表現嚴重脫節。

    2012-10-22 15:12 Ecns.cn     Web Editor: Gu Liping comment

    Hong Kong (CNS) –– Financial Secretary of the Hong Kong Special Administrative Region John Tsang Chun-wah said on Sunday that he worried that Hong Kong's real estate market had "decoupled" from the local economy.

    Housing prices rose an average of 2 percent a month in the first eight months of this year, a sharp contrast with the slowdown in the local economy, he said on his official blog. Increasing rents have also contributed to the risk of inflation, he added.

    Hong Kong is vulnerable to gloomy global economic conditions: the city's exports remained low during the first eight months and local demand slowed, resulting in a higher unemployment rate in the third quarter, Tsang said.

    The government will try its best to maintain stability in the macro-economy and financial market, Tsang said.

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    香港“財爺”:最憂樓市與經濟表現嚴重脫節

    香港特區政府財政司司長曾俊華21日表示,外圍環境艱難,香港的出口前景不容樂觀,必須提防經濟會有進一步轉壞的風險。而最讓他憂慮的是現時香港樓市與經濟表現嚴重脫節。

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