Hong Kong Fights Against Property Boom

Hong Kong Fights Against Property Boom

Assessment

Interactive Video

Business

University

Hard

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The video discusses the high housing prices in Hong Kong, attributing them to a supply shortage rather than a bubble. It covers the Hong Kong Monetary Authority's measures to curb property prices and the potential impact of US interest rate changes on Hong Kong banks. The discussion also highlights the concentration risk in public savings towards residential property and the government's efforts to increase land supply. Finally, it touches on business growth, lending strategies, and the importance of maintaining a balanced portfolio.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons for the high housing prices in Hong Kong?

High demand due to population growth

Shortage of housing supply

Increase in foreign investments

Government subsidies for housing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action has the Hong Kong Monetary Authority taken to address property prices?

Increased capital requirements for banks

Lowered interest rates

Introduced new housing subsidies

Restricted foreign property purchases

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the peg of the Hong Kong dollar to the US dollar affect Hong Kong's economy?

It makes Hong Kong's economy independent of US interest rates

It requires Hong Kong to align its interest rates with the US

It allows Hong Kong to set its own interest rates freely

It has no impact on Hong Kong's economic policies

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of US interest rate normalization on Hong Kong?

It may lead to higher service rates in Hong Kong

It will have no impact on Hong Kong

It will cause a decrease in property prices

It will decrease the liquidity of Hong Kong banks

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a concern regarding the high public saving ratio in Hong Kong?

Savings are mostly invested in foreign markets

Savings are not sufficient to cover public debt

There is a concentration risk in residential property

The saving ratio is declining rapidly

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has the Hong Kong government been planning to do to stabilize property prices?

Increase taxes on property sales

Reduce interest rates on mortgages

Ban foreign ownership of property

Increase the supply of land and residential units

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current state of credit quality in Hong Kong according to the transcript?

Credit quality is unknown

Credit quality is improving significantly

There are no alarm bells regarding credit quality

Credit quality is deteriorating rapidly