Hong Kong Secretary Chan Sees Strong Financial System

Hong Kong Secretary Chan Sees Strong Financial System

Assessment

Interactive Video

Business

University

Hard

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The video discusses the role of market forces and the government in adjusting property prices in Hong Kong. It highlights Hong Kong's financial resilience and the measures implemented to control property prices, such as tightening mortgages and stamp duties. Despite these efforts, low interest rates and liquidity have kept prices high. The video also examines the dynamics of demand and supply, noting that external and speculative demands are suppressed. It concludes with a discussion on developers' strategies and the importance of government land supply to balance the market.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary factor that should determine property price adjustments according to the speaker?

Public opinion

Government regulations

International trends

Market forces

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following measures has Hong Kong implemented to control property prices?

Reducing property taxes

Increasing interest rates

Tightening mortgages

Subsidizing housing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why have the measures to control property prices in Hong Kong not been fully effective?

Lack of government intervention

Ample liquidity and low interest rates

Decreasing demand

High interest rates

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge faced by Hong Kong developers in the property market?

Lack of skilled labor

Competition from Chinese developers

High construction costs

Strict environmental regulations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker suggest is crucial for the government to maintain in order to balance the property market?

Land and housing supply

High property prices

Low interest rates

Foreign investment