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Chinese developers' bet on HK looks misguided
Published Wed, Feb 17, 2016 · 09:50 PM
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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