Property News · January 8, 2017

Lok Ma Chau Loop has nothing to do with hi-tech – it’s all about profit


Start-ups in China’s IT hub Shenzhen have warned that Hong Kong might take too long to build a joint innovation and technology park at the Lok Ma Chau border, given how rapidly the sector is developing.

SCMP, January 5

Let’s get it straight. This is not about innovation and technology. This is about property development and a clever idea for making big money from it by transferring land from Shenzhen to Hong Kong jurisdiction.

The Lok Ma Chau Loop is an 87-hectare piece of…

Source : South China Morning Post
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