Hang Lung chairman sees rate cut boost to property market limited

HONG KONG (AFX-ASIA) - Hang Lung Development chairman Ronnie Chan said he expects any boost to the local property market from the U.S. Federal Reserve's cut in interest rates to be limited.	    Cited by the Apple Daily News, Chan said whether potential home buyers will enter the market depends on their confidence in the market's outlook.	    He said he does not expect property prices to rebound significantly. 

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