HONG KONG -- Hong Kong real estate companies are selling apartments at a loss as they scramble to clear housing inventories, seeking capital to prepare for the market to start recovering from a yearslong slump.
Sun Hung Kai homes sell out fast in sign market is trying to put the worst behind it

Sun Hung Kai Properties' Cullinan Sky condo project has garnered attention recently for its unusually low prices. (Photo by Kensaku Ihara)
HONG KONG -- Hong Kong real estate companies are selling apartments at a loss as they scramble to clear housing inventories, seeking capital to prepare for the market to start recovering from a yearslong slump.