30.12.2009 - Hong Kong property developers cautious
From Businessday.co.za: SINO Land and K Wah International Holdings paid HK10,4bn (1,3bn) for two waterfront sites in Hong Kong’s New Territories yesterday, falling short of estimates, with the Hong Kong Monetary Authority warning of a mounting threat of asset bubbles in Asia. Share prices of Hong Kong property companies, the bestperforming group this year on the Hang Seng index, fell yesterday..........................................Full Article: Source
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