People's Republic of China : Hong Kong Special Administrative Region : 2009 article IV consultation : staff report, staff statement, and public information notice on the Executive Board discussion.

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2009.
Description:1 online resource (26, 4, 4 pages) : illustrations
Language:English
Series:IMF country report, 2227-8907 ; no. 09/321
IMF country report ; no. 09/321.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/13510770
Hidden Bibliographic Details
Varying Form of Title:Hong Kong SAR, 2009 article IV consultation
Other authors / contributors:International Monetary Fund.
ISBN:1280888989
9781280888984
145188141X
9781451881417
9781451817010
1451817010
Notes:Cover title.
"December 2009."
Print version record.
Summary:1. Asset markets. The pressures experienced by Hong Kong SAR following the failure of Lehman Brothers abated in the latter part of 2008, a result of the concerted policy efforts of the authorities and improving conditions in global capital markets. Following a decline in the fourth quarter, property markets have experienced a turnaround, which has been particularly marked in the luxury residential market. Equity prices have risen by 70 percent since mid-March (Figure 1). In September, the Hong Kong government sold sovereign bonds in the local market aiming to promote development of local currency bond markets. The issue was very positively received by investors.
Other form:Print version: People's Republic of China. Washington, D.C. : International Monetary Fund, ©2009
Standard no.:10.5089/9781451881417.002