Hong Kong Monetary Authority Chief Executive Norman Chan, replacing the outgoing Joseph Yam, speaks to reporters in Hong Kong July 17, 2009. REUTERS/Bobby Yip (CHINA POLITICS BUSINESS   By Susan Fenton
HONG KONG, Nov 20 (Reuters) – Hong Kong’s central bank chief Norman Chan warned that asset prices in the city could climb sharply next year and disconnect from fundamentals, raising the risk of a bubble, and said surging capital inflows posed a dilemma for policymakers across Asia.

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