HK home price rebound will continue: Li Ka-shing
Hong Kong
HONG Kong's richest man signalled that the property rebound that's been pushing up prices in the world's most expensive housing market could persist for as long as two years as growing demand outweighs government curbs.
"I cannot see how property prices would fall in the coming one to two years," Li Ka-shing, the 88-year-old head of Cheung Kong Property Holdings Ltd and CK Hutchison Holdings Ltd., said during his annual earnings press conference on Wednesday. "The force from buyers is very strong."
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