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Real Estate Briefing - Categorized | Finance, IPOs/Stock Market more

Hong Kong purchases could boost real estate sector confidence

Posted on 27 May 2011

Hong Kong’s entrepreneurial giants Li Ka-Shing of Cheung Kong Holdings and Henderson Land’s Lee Shau-kee have been purchasing shares in their own firms, despite government efforts to cool down the rocketing market.
“The one thing I want to point out to investors is that whenever these two titans buy at the same time, it is almost like a solar eclipse. It only happens once in a blue moon,” Robert Halili, managing director of Asia Insider told CNBC……………………………………….Full Article: Source


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