CHEUNG KONG (00001.HK) News & Disclosure
    Statistical data provided by Midland Realty show that 20 units from the ten local benchmark residential projects changed hands over the weekend (19 May - 20 May), down 23% week-on-week and the lowest level since Lunar New Year. Vincent Chan, Executive Director and Chief Executive Officer (Group Residential) of Midland Holdings, said buyers inclined to adopt a wait-and-see approach in view of volatile global equity market and uncertainties regarding European debt crisis despite more bargaining room allowed by owners. Primary project in West Kowloon received eager responses, he said, adding new ...
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