Days before Hong Kong’s typical weekend sales launch of residential property, Sammy Po Siu-ming would arm himself with thousands of cashier’s orders for a quaint ritual in the world’s costliest real estate market.Across 400 branches at Midland Realty, the chief executive of one of the city’s biggest realtors’ network must get ready for customers who walk in without the requisite HK$100,000 (US$12,800) cashier’s order that qualifies them to bid for new property. Po would exchange a cashier’s…
Source : South China Morning Post
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