Amid concerns over rising interest rates and a weak retail property market, a long-time investor has sold a portfolio of prime street shops in Tsim Sha Tsui – held for more than four decades – and locked in a profit of nearly HK$237 million (US$30.2 million) despite accepting a deal more than 40…
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Business
October 5, 2026 at 11:00 PM
How one Hong Kong property investor still made US$30 million – after a 40% price cut
SCMP Business
Excerpt from SCMP Business.