Hong Kong Property Market Hoping To Tap Cooling Investor Interest In China

In the first IPO by a Hong Kong property firm in over four years, commercial landlord Swire Properties is hoping to raise around HKD20.8bn (US$2.7bn) by listing on the local Hong Kong bourse. The motivation behind the IPO undoubtedly originated in the context of the recent Hong Kong property market rally, which has seen prices trending upwards for over a year.

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