Cheung Kong's property sales in the first-half edged up 1.62 per cent to HK$12.52 billion as government cooling measures to curb demand in Hong Kong and on the mainland took their toll. Photo: Felix Wong

Cheung Kong blames profit fall on developer discounts and incentives

Property company blames dent in sales margins on price discounts and other buyer incentives from local and mainland developers

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Cheung Kong's property sales in the first-half edged up 1.62 per cent to HK$12.52 billion as government cooling measures to curb demand in Hong Kong and on the mainland took their toll. Photo: Felix Wong
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