Lower rates will mildly boost commercial property transactions in Hong Kong, but oversupply is likely to pressure asset prices, analysts say.

The city’s property and stock market can expect a boost but much that is affecting the local economy and its outlook is beyond our control.

Finance chief points to prospect of interest-rate cut cycle, saying: ‘when people feel more confident, they are more willing to spend’.

Lower rates will mildly boost commercial property transactions in Hong Kong, but oversupply is likely to pressure asset prices, analysts say.

Trend will further weaken the US dollar, boost Hong Kong and China stocks and drive the price of gold even higher, analysts say.