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Real Estate

Li Ka-shing's CK Asset remains reluctant to travel Belt and Road

Lack of official treaties, stricter bank regulations seen making investments risky

CK Asset Holdings is selling a 73-story tower in Hong Kong to C.H.M.T. Peaceful Development Asia Property for HK$40.2 billion ($5.15 billion).

HONG KONG -- China's Belt and Road Initiative may be the next gold mine for international trade, but Hong Kong property mogul Li Ka-shing appears in no hurry to jump into the game.

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