Li Ka-shing's Cheung Kong Property Posts $2.01 Billion Full-Year Profit

  • Li Ka-shing says China property prices are 'reasonable'
  • CK Property says not easy to acquire land at reasonable costs

Billionaire Li Ka-shing’s Cheung Kong Property Holdings Ltd. said the real estate market in Hong Kong remained challenging as sales in the city plunged to the lowest in 25 years last month.

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