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Hedge funds getting priced out in the world's costliest city

Soaring Hong Kong office rents are prompting managers to locate outside central business hub

Grade-A office rents in Central climbed 8.7 per cent last year and may jump as much as 15 per cent in 2017, fuelled by Chinese demand and a dearth of new supply, data compiled by CBRE Group Inc shows.

Hong Kong

BENJAMIN Fuchs raised eyebrows five years ago when he opened his hedge fund next to a place selling live chickens in Hong Kong's hustling, bustling Tin Hau neighbourhood.

It was akin to choosing Queens over Manhattan in New York - or lowly Croydon over moneyed Mayfair in...

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