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3 biggest things to watch out for in Hong Kong Budget 2014
3 biggest things to watch out for in Hong Kong Budget 2014
																					
								Relief measures likely to be downsized.
						
					
					
				Hong Kong’s foreign currency reserve assets jumped to US$312.2b
																					
								Up by US$1b on December.
						
					
					
				Most HK REITs unlikely to build investment properties: Fitch
																					
								Without exceeding 10% cap.
						
					
					
				Home sales dropped 3.8% to 4,488 units in January
																					
								This is worth $27.3b.
						
					
					
				Restaurant receipts up 2.1%
																					
								It's estimated at $25.4b.
						
					
					
				Hong Kong's RMB deposits up 4% to RMB860.5b
																					
								As foreign-currency deposits grew 2.2%.
						
					
					
				How Hong Kong's property sector is suffering from holiday lull
																					
								Zero launches recorded last weekend.
						
					
					
				3 sites up for sale by public tender
																					
								Two of these are home sites.
						
					
					
				Why tighter system liquidity must be expected among Hong Kong banks
																					
								Including steep correction in property prices.
						
					
					
				Bird flu shuts wholesale market
																					
								20,000 birds will be destroyed.
						
					
					
				Almost 8m tourists expected to flock in over the holidays
																					
								This is a 9.2% increase.
						
					
					
				Imports value edged up a tad 1.8% in December
																					
								Trade deficit sits at $54.4b.
						
					
					
				Asian investor sentiment index inched higher to 16pts in 4Q13
																					
								Boosted by better equities.
						
					
					
				Here's what to expect from Hong Kong's December trade data
																					
								Trade deficit is pegged at $47.5b.
						
					
					
				Primary housing supply dipped 1.4% to 71,000 units
																					
								Even construction starts were lower.
						
					
					
				Public housing set for Queen's Hill
																					
								Costs could hit $3-4b.
						
					
					
				86% of Hong Kong home buyers think local properties are overpriced
																					
								But here's the flip side.
						
					
					
				 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
						 
						 
				 
								 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                