Covid-19 restrictions dragged on the profits of Hong Kong developers in the January to June period, with declines ranging from 40.5 per cent to 58 per cent, filings with the Hong Kong stock exchange on Thursday show.
John Lee Ka-chiu is the right man for the job to lead the city to solve deep-seated problems, maintain its prosperity and stability, Adrian Cheng Chi-kong said.
Henderson Land Development paid an eye-watering HK$13.7 billion (US$1.75 billion), or 37 per cent more than the next best bid, for a harbourfront plot in Central last month.