Hang Lung’s Chan Says No End in Sight for Office Slump
Market Intelligence Analysis
AI-PoweredHang Lung Properties Chair Adriel Chan warns of no end in sight for the office slump in Hong Kong, citing falling office rents and low occupancy rates despite the housing market's recovery.
Market impact analysis based on bearish sentiment with 90% confidence.
Article Context
Hang Lung Properties Chair Adriel Chan says Hong Kong's falling office rents pressured the company's earnings last year, and occupancy rates are showing no signs of picking up despite the housing market's recovery. He speaks on Bloomberg's The China Show. (Source: Bloomberg)
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