Walter Kwok Ping-sheung, the former chairman of Sun Hung Kai Properties, (SHKP) says his flagship holding company Empire Group Holdings is growing its property investments in Hong Kong as the city’s outlook remains promising, driven by strong mainland demand.
Kwok said an easing in the regulatory approval processes for outbound investment, as part of China’s “going out” policy, has played a vital role in building mainland capital outflows.
“Mainland capital is…
Source : South China Morning Post
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