Hong Kong Property Market May ‘Roll Over’ on Peg, MGPA Says

Hong Kong Property Market May ‘Roll Over’ on Peg, MGPA Says

Nelson Ching/Bloomberg

Hong Kong’s currency peg is creating a “massive” inflation as it forces the city to follow low interest rates in the U.S. even as it benefits from the economic growth in China, MGPA Asia chief executive officer John Saunders said.