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Hong Kong’s record land auction: Tale of two markets

Posted on 02 August 2010

From Marketwatch.com: Forget worries over double-dip recessions or bank stress tests — when it comes to land-auction time in Hong Kong, everything still looks rosy after another top-dollar price was reached last week.
If local developer tycoons are still prepared to get their checkbooks out, the message should be that the property bull market is alive and well……………………………………….Full Article: Source

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