Hong Kong’s government is “constantly reviewing” the property market environment with a pragmatic attitude, Financial Secretary Paul Chan said in the latest hint at potentially easing curbs.
Conditions now are different from those that prompted the government to impose restrictions in the early 2010s, Chan said on Wednesday when asked about the possibility of lifting market control measures in a media briefing. Authorities had to suppress speculation and investment demands back then, in contrast with the lower prices and fewer sales being seen now, Chan added.
