Property

Hong Kong tycoons eye mainland property as Evergrande woes deepen

Billionaires tread fine balance with Beijing's 'common prosperity' drive

TAKESHI KIHARA, Nikkei staff writer
March 23, 2022 15:03 JST

HONG KONG -- Property conglomerates in Hong Kong are snapping up new deals on the Chinese mainland, where homegrown developers such as China Evergrande Group remain mired in debt.

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