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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's secondhand property market is 'very buoyant,' says real estate investment firmPeter Churchouse, managing director of Portwood Capital, says China's property sector may be "particularly bad," but "it's wrong to be totally, universally negative about the sector."
Persons: Peter Churchouse Organizations: Portwood
An urban view of high-rise buildings at dusk as seen from Hong Kong's Victoria Peak. Stocks of Hong Kong developers rose after Financial Secretary Paul Chan scrapped property cooling measures in a bid to bolster the sector, which has been weighed down by high borrowing costs and weak economic sentiment. Churchouse added that this could "be a bit of a positive flip" for the wider Hong Kong stock market as it is highly correlated with the residential property market. Hong Kong's stock markets have plunged around 40% from its highs a couple of years ago. Hong Kong's government is also rolling out over 1 billion Hong Kong dollars ($127 million) to support its tourism industry.
Persons: Chan, Paul Chan, Peter Churchouse, Churchouse, Hong Organizations: Hong, Portwood, Kong's Monetary, Hong Kong Locations: Hong, Victoria, Hong Kong
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHong Kong budget: Real estate expert discusses the scrapping of property curbsPeter Churchouse, managing director of Portwood Capital, discusses Hong Kong's budget for 2024-25 and explains why he's rethinking his forecast on property prices.
Persons: Churchouse Organizations: Hong, Portwood Locations: Hong Kong
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailReal estate expert discusses investment opportunities in Asian propertyPeter Churchouse, the founder of Portwood Capital, a leading real estate investment company, discusses the best places to buy a property in Asia.
Persons: Peter Churchouse Organizations: Portwood Locations: Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHong Kong's property market is the most volatile in the world — by far, says investment firmPeter Churchouse of Portwood Capital says expect continued weakness in the Hong Kong property market as the "very negative sentiment" will probably continue over the next six to 12 months.
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