Sunday 19 June 2011

China Wealth Fuels ‘Frightening’ Hong Kong Home Price Surges, Tsang Says

http://www.bloomberg.com/news/2011-06-17/china-wealth-fuels-frightening-hong-kong-home-price-surges-tsang-says.html

Hong Kong home prices are “quite frightening” as China’s growing wealth fuels increases of 2 percent a month and the government may introduce more measures to slow the property market, Chief Executive Donald Tsang said.

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