Real estate
August 20, 2020
A recession is alarming Hong Kong’s overseas investors and the local business community. But will the city’s real estate market ever bounce back? Image credit: Shutterstock
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","iv":"3fad68ff1352bd4e614c3c664c26c5e2","s":"0bfa327f70d6d10a"}
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