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Hong Kong adds impetus.

Series: Financial Times ; 9 August 1999, 14(1)Publication details: 1999Subject(s): Summary: Hong Kong is adopting a more directive approach to managing its economy, after a realisation that the economy has to have less reliance on the property market. At the present most of the profits of the companies that comprise the Hang Seng stock exchange come either from property sales or the provision of mortgages to finance the sales.

Hong Kong is adopting a more directive approach to managing its economy, after a realisation that the economy has to have less reliance on the property market. At the present most of the profits of the companies that comprise the Hang Seng stock exchange come either from property sales or the provision of mortgages to finance the sales.