I need some good conversation regarding the Economy and Investments in Hong Kong. With Chinese Reminbi devaluating against US dollar, will it affect adversely to Hong Kong export/trading business? How about HK Property investers? Are the residential property values going to drop in Hong Kong? I have 3 residential properties in HK - all under mortgage. I need some serious advise so I can plan to either sell it off or keep up the investment to see a bright future.
I may need further discussion over Finance/Economy/Investments in Hong Kong. Please inform if anybody open for this discussion with me. Thanks.
2007-05-07 20:57:51 · 1 answers · asked by antaliarodricks91 2 in Business & Finance ➔ Investing
Sorry you missed your chance. Property in HK is slipping. And you need a new financial adviser if you think the RMB is devaluing.
Most of my friends bailed out a year ago. I'm sure you would not invest in three HK properties with money you needed so you may as well sit on it and pass it to your Grandchildren.
That's called a legacy.
Good Luck
2007-05-09 17:47:06 · answer #1 · answered by Caretaker 7 · 0⤊ 0⤋