H.K. Property Overheating Poses Financial Risks, HKMA Says

H.K. Property Overheating Poses Financial Risks, HKMA Says

Jerome Favre/Bloomberg

The Centre Point, a residential building in Hong Kong. Government measures to cool the market have failed to prevent home prices in Hong Kong, the world’s most expensive place to buy an apartment, doubling in four years and surpassing a previous peak in 1997.