Analysts expect the real estate sector to remain robust through mid-2011, “supported by a slew of government land auctions and strong demand for new property launches.” [Hong Kong ETF Better, But Risks Exist.]
On the tourism frontier, Hong Kong remains a big attraction to foreigners and mainlanders. But a recent video of a tour guide aggressively imploring her clients to buy more merchandise has not helped the industry, reports Sonya Bryskine of the Epoch Times.
If the matter isn’t contained, tourists may end up at other destinations such as Taiwan and Australia.
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- iShares MSCI Hong Kong Index Fund (NYSEArca: EWH)
Sumin Kim contributed to this article.