Hong Kong's Richest Men Prove Resilient Against Property Curbs
- Focus on housing in election year may spur policy changes
- Billionaires have erased losses after November property curbs
Hong Kong Property Tycoons Prove Resilient
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Don’t bet against Hong Kong’s billionaire property tycoons, even if the city’s incoming chief executive takes a tough stance on reining in soaring home prices.
After a short-lived dip as the city’s government ratcheted up real estate curbs in November, property stocks have bounced back and so has the wealth of billionaires including Li Ka-shing and Lee Shau Kee.