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WCBS Newsradio 880

Automatic TRANSCRIPT

As the sometimes tragic and deadly coronavirus spreads investors are also keeping an eye on the Asian real estate market we thank thee hi will most likely will be on the investor sentiment and will also affect the tourism sector in and also the retail sales by that specter last maybe two quarters and most and impact will be short lived Phillips John is senior equity analyst at Morningstar investment management Asia they will affect the Hong Kong poppy market overall pricing have a greater impact on the the retail and office sector versus he's the residential property market but once this matter is under control we do believe that the credit he retired and the risk premium or receipt and they'll be supportive off the property market in Hong Kong and John says don't expect China's government to jump in to help its property market if prices to dip