Hong Kong’s top developers shun Shouson Hill tender as property becomes ‘hot potato’ amid US-China tensions
Many of Hong Kong’s biggest property tycoons are staying out of a keenly watched residential property sale by the US government to “stay onside”, as the asset becomes a “hot potato” amid worsening US-China relations.
Li Ka-shing’s CK Asset Holdings, the city’s second-largest developer, submitted an offer for 37 Shouson Hill Road, the company said in an email reply. Sun Hung Kai Properties, the city’s biggest, declined to comment on its position.……
Property Business Hong Kong News Malaysia
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