From Bloomberg: New World Development Co., the Hong Kong developer controlled by billionaire Cheng Yu-tung, doesn’t believe the city is experiencing a property market bubble and says home prices will rise as much as 10 percent next year.

Cheng, who chairs the company, told reporters after New World Development’s annual general meeting that home prices in Hong Kong should rise by 8 percent to 10 percent next year……………………………..Full Article: Source

Play - Download this article

|

Play - Download Full Briefing

|

Subscribe to the Podcast Feed