1. Structural challenges in the market, which is dominated by large property developers, have generally acted as disincentives to large European and US asset managers.
3. Economists say that both the residential and commercial markets in Hong Kong will be hurt by the same factors: slower growth in China, the depreciation of the renminbi, a crackdown on corruption on the mainland, and predictions that the US’s low interest-rate environment is due to end. However, government cooling measures introduced in 2012 to reduce speculative investment in Hong Kong property are an additional damper on the residential sector.
4. Welcome as they were, surging sales weren't the biggest news of the year. Detroit celebrated when General Motors (GM, Fortune 500) made Mary Barra the auto industry's first female CEO, then held its breath while Ford (F, Fortune 500) CEO Alan Mulally dithered over a move to Seattle and Microsoft. The old Big Three, complaining about straining available production capacity, made plans to expand and hire. Tesla(TSLA) fired up electric car sales and refused to play by industry's rules, while Google(GOOG, Fortune 500) pioneered a car that drives itself.