Property News · May 26, 2017

As mainland continues to tighten its grip on the housing market, developers shift focus to Hong Kong


Mainland housing developers are turning their attention increasingly to Hong Kong, as Beijing continues rolling out unprecedented tightening policies to regulate home purchases, which experts now fear could last for up to three years.
Since last October, 55 mainland cities have together imposed around 160 new policies to strengthen curbs on frenetic buying and skyrocketing property prices.
Lin Feng, chief executive officer at CIFI Group, joined representatives of other listed mainland…

Source : South China Morning Post
Read more…As mainland continues to tighten its grip on the housing market, developers shift focus to Hong Kong

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