Japan's Niseko attracts flurry of investment from Hong Kong

Ski resort developers seek to tap affluent buyers as travel restrictions ease

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A mockup of the New World La Plume Niseko Resort, set to open in 2024 with investment from Hong Kong. (Image courtesy of Rosewood Hotel Group)

TAKESHI KIHARA, Nikkei staff writer

HONG KONG -- The Niseko ski resort area on Japan's northern island of Hokkaido has drawn a blizzard of investment from Hong Kong developers anticipating rising real estate prices.

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