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New HK leader's affordable homes plan runs up against wall of Chinese capital

Mon, Apr 10, 2017 - 5:50 AM

Hong Kong

A PLEDGE by Hong Kong's incoming leader Carrie Lam to make the city's vertiginous property prices more affordable could founder on the bottomless pockets of mainland Chinese developers, who are bidding up the price of land.

Home prices in Hong Kong have jumped 364 per...

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