Hong Kong home prices could fall up to 25%, according to Sanford Bernstein, after the government...

|By:, SA News Editor

Hong Kong home prices could fall up to 25%, according to Sanford Bernstein, after the government stepped up efforts to curb the bubbly market. In early returns, home prices fell 1.4% in the week ended April 14, the 4th consecutive decline and the biggest drop since 2010. Developer shares make up a nice portion of the EWH, +2.6% YTD.