Companies controlled by Li Ka-shing sold the The Center, in Central, to A consortium of mainland Chinese buyers in November for HK$40.2 billion (US$5.15 billion). Photo: Dickson Lee

Hong Kong’s property arms race set to slow as mainland developers abide by administrative controls

Topic |   Hong Kong property

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Companies controlled by Li Ka-shing sold the The Center, in Central, to A consortium of mainland Chinese buyers in November for HK$40.2 billion (US$5.15 billion). Photo: Dickson Lee
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Pearl Liu

Pearl Liu

Based in Hong Kong, Pearl covers the property market in the city and China and follows major listed developers. She previously worked at The Straits Times and has also contributed stories to China Daily.