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In the first of a three-part series on Hong Kong’s housing crisis, the Post examines why demand outstrips supply, leaving Hongkongers unable to afford their own homes. Airport worker Wong Ng is aware that Beijing wants Hong Kong to get rid of all tiny, substandard homes by 2049. That ambitious goal is cold comfort for the permanent resident who has. ....
BreakingviewsHong Kong-on-Thames lies in not-too-distant future Karen Kwok 7 minute read A picture is taken in Convoys Wharf, a riverside site in Deptford in London, Britain, February 14, 2021. On the south bank of the River Thames in London, halfway between London Bridge and Greenwich, is a plot of land that has been deserted for about 15 years. A heavily guarded fence is the only clue for passing pedestrians that the derelict 17-hectare site is potentially valuable. If all goes to plan, however, it could soon become a high-profile symbol of Hong Kongâs growing influence in the British capital. For CK Asset (1113.HK), the plot known as Convoys Wharf is a long-term bet. The $22 billion property group founded by Li Ka-shing, Hong Kongâs best-known tycoon, spent years fighting for approvals to build homes there after purchasing the former Royal Navy base for 100 million pounds in 2005. Permission came through last July, just as Prime Minister Boris John ....