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HK's Hang Lung may not release any units this year as prices dip

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Mr Chan says he is under no pressure to sell as his company has less than one per cent net debt.

Hong Kong

HANG Lung Properties chairman Ronnie Chan said there is a possibility that the developer won't release any properties for sale in Hong Kong this year as housing prices continue to drop.

With residential property prices predicted to fall by as much as 20 per cent this year

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