SHKP’s co-chairmen Raymond Kwok (left) and Thomas Kwok, and director Thomas Chan at the results briefing yesterday. Photo: Felix Wong

SHKP sees tough times ahead for property developers in Hong Kong

Greater competition for buyers and heavy subsidies on taxes will hit profit of city's property firms next year, the developer warns market

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SHKP’s co-chairmen Raymond Kwok (left) and Thomas Kwok, and director Thomas Chan at the results briefing yesterday. Photo: Felix Wong
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