Monday, November 8, 2010

Chinese investors flood Hong Kong home buying convention

Chinese investors may have shied away from the Sydney luxury auction but they are still shopping in Hong Kong.

China Battle to Avoid Housing Bubble sends Investors to Hong Kong
Nov. 9 (Bloomberg) -- Lam Yuet-fung expected 1,000 people a day to visit his booth at a five-day convention in Shenzhen starting Oct. 1 to inquire about buying homes in neighboring Hong Kong. By day four, more than 10,000 had stopped by.

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