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Hong Kong finance chief warns on property prices

Posted on 20 June 2011

Hong Kong’s finance chief warned on Sunday that the government may take further measures to curb rising property prices if necessary, local radio said.
Financial Secretary John Tsang said he was very concerned with the risk of an asset bubble forming, since property prices have surged past the record levels seen in 1997 prior to the Asian financial crisis, RTHK reported……………………………………….Full Article: Source


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