HK's property insiders in buying mode

A NOVEL coronavirus outbreak following months of anti-government protests might seem like a toxic cocktail for the world's least affordable property market. Yet, Hong Kong's real estate insiders are in buy mode.

The plan by the family of Peter Woo to take Wheelock & Co private suggests that those with the most privileged vantage point see a limit to any virus-induced decline in property prices, and consider there is value to be extracted by removing assets from the public markets. It may not be the last such manoeuvre.

That…

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