Unfinished business

Bad news for developers as China debates whether to scrap ‘presales’ of flats. Most Hongkongers are aware there is an acute concentration of economic power in the hands of a few families in their home city. But in the 1960s – before the rise of the likes of Li Ka-shing’s Cheung Kong and the Kwok’s Sun Hung Kai – the man known as “the godfather of real estate” was Henry Fo … http://bit.ly/2EaTuEb

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