Li Ka-shing Backs Hong Kong Property Curbs as Transactions Fall

Li Ka-shing Backs Hong Kong Property Curbs as Transactions Fall

Jerome Favre/Bloomberg

Residential and commercial buildings sit in the Causeway Bay district of Hong Kong. The city’s home prices have doubled in the past four years on record low mortgage rates, a lack of new supply and an influx of mainland Chinese buyers, raising concerns that housing is becoming unaffordable for the general public.