Asia Daily Flash | 29 October 2012: New measures to contain property prices in Hong Kong; China’s industrial profits rebound; India’s roadmap to fiscal consolidation
Published on Sunday, October 28, 2012
Asia Daily Flash | 29 October 2012: New measures to contain property prices in Hong Kong; China’s industrial profits rebound; India’s roadmap to fiscal consolidation
Summary
Last Friday evening the Hong Kong government implemented new measures to curb soaring residential property prices. Meanwhile, data in China showed that industrial profits rebounded by 7.8% y/y.
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BBVA Research
BBVA Research