Aggressive HK bidding shows developers still bullish

09:25 | 11.01.10

The bullishness of both mainland and Hong Kong developers comes despite the market being clouded by possible cooling measures by Beijing.

Chengdu, the second-tier city located in the southwest, yesterday sold six commercial and residential sites for a total of about 2.76 billion yuan (HK$3.13bn). The land prices were in line with market expectation.

South China Morning Post

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