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Key Takeaways: Kingboard said it has yet to collect 1.6 billion yuan it is owed by struggling developer Country Garden The Hong Kong-based laminates maker said it sees little chance of collecting the debt, and expects to make a provision for it By Lau Chi Hang ....
HONG KONG: International funds and local investors are snapping up hotels in Hong Kong with the intention of converting them for long-term leasing and student accommodation as the outlook for the city's tourism industry remains uncertain. ....