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Chinese developers' bet on HK looks misguided

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Published Wed, Feb 17, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Hong Kong

    PRICES may be plunging but there are some who reckon real estate in Hong Kong is still a buy. Chinese developers, for instance.

    On a pure macroeconomic level, it doesn't make a lot of sense, especially since the forecast in China is for rising real estate prices and further declines in the city.

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