The Zhitong Finance App learned that Jefferies said that interest rates in Hong Kong continue to fall, making it more and more likely that the residential real estate market will bottom out. Over the past four days, Hong Kong's one-month interbank interest rate (Hong Kong Interbank Interest Rate, Hibor for short) has dropped sharply by 205 basis points. This is certainly a ray of light for the real estate market, which has been hit by high interest rates and a sharp drop in housing prices.

The Zhitong Finance App learned that Jefferies said that interest rates in Hong Kong continue to fall, making it more and more likely that the residential real estate market will bottom out. Over the past four days, Hong Kong's one-month interbank interest rate (Hong Kong Interbank Interest Rate, Hibor for short) has dropped sharply by 205 basis points. This is certainly a ray of light for the real estate market, which has been hit by high interest rates and a sharp drop in housing prices.