Mainland Chinese firms expand property footprint in HK, set to fuel price rises

Mainland Chinese firms expand property footprint in HK, set to fuel price rises

Mainland Chinese companies have piled into Hong Kong property in 2015-2016, outbidding some of the territory’s most powerful developers to gobble up 29 percent of land sold for development in one of the world’s most expensive real estate markets, according to new industry figures.

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