Advocates embrace professor’s claim that independence will cause 90% drop in property market

Hong Kong University of Science and Technology (HKUST) economics professor Francis Lui warned on Friday that property prices could drop by around 90 per cent should Hong Kong become independent. Speaking at the Hong Kong Development Forum, Lui said that such a drop would be disastrous, and would deplete the government’s reserve of HK$1.3 trillion within seven […]