Hong Kong Banks Slash Property Valuations

The transcript discusses the weakening market, highlighting signs such as government warnings, price drops, and aggressive bank valuations. It examines the impact of rising US rates on property trends and the potential cooling of Hong Kong's property market due to factors like reduced liquidity, yuan weakening, and the US-China trade war. Analysts predict a significant but not catastrophic decline, with Nomura forecasting a 13% slide.

What are the signs indicating a weakening market according to the text?

How have banks responded to market conditions in recent months?

What factors are contributing to the current sentiment in the Hong Kong property market?

What does the term 'headwinds' refer to in the context of the market analysis?

What is the forecast for property prices according to analysts mentioned in the text?