22.06.2011 - Cheung Kong’s Chiu says he’s ‘not that bullish’ on Asia’s housing market
Cheung Kong (Holdings) Ltd., Hong Kong billionaire Li Ka-shing’s property company, is “not that bullish” on Asia’s housing market as governments introduce more curbs to contain prices, Executive Director Justin Chiu said. Hong Kong’s second-biggest developer also expects home prices in the city to remain little changed after the government on June 10 imposed more measures including bigger down payments, making it hard to repeat the 20 percent to 30 percent gains in previous years, he said..............................................Full Article: Source
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