Two mainland Chinese developers bought a plot of residential land on the runway of Hong Kong’s former Kai Tak airport, paying a lower-than-expected price for the oceanfront property as the city’s biggest public protests in decades sapped appetite for investments amid a US-China trade war.China Resources Land and Poly Property Group, two real estate units that belong to two of China’s largest state conglomerates, won a tender for the second-biggest parcel of land that is earmarked for building…
Source : South China Morning Post
Read more…Chinese developers snap up discounted Kai Tak land as Hong Kong’s mood for property sours amid protest rallies and trade war















