28.05.2012 - Forget property, buy developers' shares
Developers' stocks are better investments than property, says Henderson Land Development chairman "Uncle Four" Lee Shau-kee - adding that some could double in value in the medium term. Lee - dubbed Asia's Warren Buffett - cited a query by a friend. "She asked me whether she should buy a home with HK$10 million her boyfriend gave her," he said. "She may enjoy a capital gain of 20 or 30 percent in two or three years. But she could make an even better return in stock investment by getting margin financing, as then her capital could rise to HK$40 million...............................................Full Article: Source
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