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Thursday, Nov 26, 2020

Hong Kong’s biggest home sales in 14 months fizzles out after buzz

Hong Kong’s biggest home sales in 14 months fizzles out after buzz

The weekend sale, with the most number of flats on offer since July 13, 2019, is little comfort for Hong Kong’s developers, who have to make up for lost time to clear their glut of unsold flats after the coronavirus pandemic drove the city’s economy into its worst recession on record, crimping jobs and the appetite for large financial commitments.
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