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Home / News / Hong Kong Protests

Hong Kong property stocks battered by protests are looking cheap

Hong Kong protests

Hong Kong property stocks battered by protests are looking cheap

Bloomberg Published on Thu, Dec 12, 2019 / 8:46 AM GMT+8

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(Dec 12): Months of protests and a struggling local economy have hammered Hong Kong’s property stocks. Analysts are starting to see a silver lining in valuations.

A measure of developer shares in the world’s most expensive real estate market has tumbled 23% from a high in April. That slide has them trading at 11 times estimated earnings for the next 12 months, which is near a record low hit in October.

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