Hong Kong Land Sales Now Come With National Security Warning
- Government has right to disqualify bidders under new terms
- City’s tycoons dominate Hong Kong’s official land auctions
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Hong Kong’s government, which owns virtually all the land in the city, has inserted a national security clause into land sales in a warning to property developers.
An official tender document for a site on sale in Kowloon says a buyer can be disqualified if they or their parent firms engage in activities that endanger national security or affect public order.