In a bid to reinvigorate its economy, Hong Kong has decided to eliminate all property tightening measures. This move is expected to stimulate the real estate market, which has been struggling due to a variety of economic and political challenges. What Happened: The financial hub of Hong Kong has made a significant decision to bolster its ailing real estate market by removing all tightening measures for residential properties. This decision was announced on Wednesday by the city’s Financial Secretary, Paul Chan, in his annual budget speech, Reuters reported. The measures include the cancellatio…
