Hong Kong is Natural Area of Expansion for Chinese Homebuilders
Real Estate / China / Tue 28 Feb, 2017
Chinese homebuilders diversifying outside China are naturally seeking opportunities in neighbouring Hong Kong, where they can access good-quality sites and match their US dollar debt to cash flows in Hong Kong dollars, which is pegged to the US currency, Fitch Ratings says. Medium-sized Chinese homebuilders view the high-quality land in Hong Kong