With the price of taxi licences and the daily rental costs of running the taxis rising, some are worried about an investment bubble. Photo: AFP

Hong Kong taxi licences hit record high of almost US$1m

Price of vehicle with permit jumps 80pc from 2009 to record HK$7.66 million as low interest rates attract investors

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With the price of taxi licences and the daily rental costs of running the taxis rising, some are worried about an investment bubble. Photo: AFP
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