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Real Estate Briefing - Categorized | Market Moves, People more

Hong Kong’s property bust

Posted on 02 April 2012

The real estate market hasn’t crashed. But the tycoons are shaking in their boots after last Thursday’s arrest of Raymond and Thomas Kwok, the chairmen of Hong Kong’s largest property developer Sun Hung Kai.
The Independent Commission Against Corruption also nabbed the former No. 2 in the government, Rafael Hui. No details of the charges have been officially released………………………………………..Full Article: Source


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