English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

I am curious to know if Property Investors will lose or gain by the effect of China's currency revaluation.

2007-02-13 01:15:57 · 3 answers · asked by Anonymous in Business & Finance Investing

3 answers

If all things are equal, the property value will stay the same, so a hong kong resident will pay the same amount for the property. But a foreigner using foreign money, would need more foreign currency to buy the same property than before the revaluation

Revaluation means currency goes up compared to foreign currencies
Devaluation means currency goes down compared to foreign currencies

2007-02-13 04:18:08 · answer #1 · answered by bob shark 7 · 0 0

Hong Kong is an area and a city and an island. Hong Kong is the detailed financial zone in Southern China. the city of Hong Kong is on the Island of Hong Kong. So, the respond is confident that's a city in China. The administration grew to become into repatriated to China in 1999 from the British government.

2016-10-02 01:50:13 · answer #2 · answered by Anonymous · 0 0

You first need to clarify whether you are a domestic or foreign investor. A domestic investor may not be directly effected but demand for property may shift depending on how the yen moves in relation to the Euro or USD. This would eventually work its way into the market but again, there is not enough info here to answer your question.

2007-02-13 01:48:56 · answer #3 · answered by Anonymous · 0 0

fedest.com, questions and answers