Li Ka-shing predicts strong demand
Hong Kong
THE richest man in Hong Kong has signalled he sees no end in sight for the demand in property that's been driving up prices in the world's most expensive real estate market.
"Demand remains very strong," CK Hutchison Holdings' billionaire chairman Li Ka-shing said to reporters on Thursday.
"I'm still building hotels and have bought shopping malls, getting rental income for the long term."
The tycoon has been selling property assets in recent years amid rising real estate prices.
Mr Li also reiterated that he would become a senior adviser of his companies should he retire. BLOOMBERG
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