Hong Kong's Island of Stability in a Sea of Downturn Wharf, one of Hong Kong's most prominent developers, reported interim results that contrast starkly with the property market woes plaguing China.
Despite the prolonged downturn on the mainland, Wharf's balance sheet has been bolstered by a resurgent Hong Kong real estate sector.
Hong Kong's economic resilience is well documented, but its impact on the property market cannot be overstated.