Property News · May 31, 2018

Victor Li urges government to boost land, flat supplies as property prices show no signs of slowing down


Victor Li Tzar-kuoi, the new chairman of CK Hutchison Holdings and CK Asset Holdings, who recently took over from his father and Hong Kong’s richest man Li Ka-shing, on Thursday urged the government to boost house and land supplies as a long-term strategy even as property prices continued to rise for the 25th straight month in the city.
CK Asset Holdings is one of the largest listed developers in Hong Kong.
“Houses are for living besides investment,” said Li at the opening of…

Source : South China Morning Post
Read more…Victor Li urges government to boost land, flat supplies as property prices show no signs of slowing down