Chongqing Times Square, one of Wharf’s investment properties in mainland China. Photo: Weibo

Hong Kong developer warns of brewing price war in mainland China market as coronavirus hurts home sales, chokes cash flow

  • Wharf says more than half of home sales in mainland China have been wiped out in the first two months, versus year-ago volume
  • Group is cautious about adding land bank as market is not attractive amid market-cooling measures
Topic |   Coronavirus pandemic
Chongqing Times Square, one of Wharf’s investment properties in mainland China. Photo: Weibo
READ FULL ARTICLE