Why Li Ka-Shing May Be Right Predicting Hong Kong Property Rally
Hong Kong Tycoon Says Property Rebound Could Last Years
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Hong Kong’s richest property tycoon Li Ka-shing expects the rally in the city’s home prices to continue for a couple more years. He isn’t alone.
Even after the Federal Reserve raised interest rates this month, brokers and analysts expect further increases in residential prices in Hong Kong, where the cost of existing homes keeps setting new records.