The initial public offerings (IPO) in the stock market can relate to the real estate market through different channels. An increase in IPO may represent an improvement in the “market sentiment,” which would also stimulate the real estate market. IPO can also increase the demand on commercial...

This paper argues that since China closes her asset markets, investors turn to Hong Kong instead. The initial public offerings (IPO) of Chinese firms in the Hong Kong stock market and the local housing market of Hong Kong improve the prediction of each other, as they may serve as a coordinator...

A bulk of literature has identified the major economic drivers of Hong Kong’s rapid and steady economic performance over the last three decades. Of the major economic drivers identified, the performance of the stock market has received less attention. This paper examines the causal links...