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Investors see Hong Kong property as a one-way bet

Pearl River Delta, with the territory at its centre, would rank as the world's largest banking-city cluster by 2025

Mr Li has agreed to pay HK$1.95 billion for a site in the New Territories.

Hong Kong

LOGIC, it seems, has little to do with Hong Kong real estate.

Last week, billionaire Li Ka-shing made his first bet on the city's residential property market in years, agreeing to pay HK$1.95 billion (S$341.8 million) for a site in the New Territories. At the same time,...

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