From left, Hang Lung Properties' managing director Philip Chen; chairman Ronnie Chan; executive director Ho Hau-cheong. Photo: Nora Tam

Developer Hang Lung sees profit plunge 23pc

Developer says government cooling measures, which hit earnings, are likely to stay in place until housing supply catches up with demand

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From left, Hang Lung Properties' managing director Philip Chen; chairman Ronnie Chan; executive director Ho Hau-cheong. Photo: Nora Tam
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