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Wednesday, July 19, 2017
"De-real estate" of Li Ka-shing has important significance
ANBOUND

Recently in addition to the continuous sale of real estate assets of mainland China's real estate "big brothers", Hong Kong's Li Ka-shing also begins to adjust the business, among the major features of this adjustment is "de-real estate". Two years after the restructuring of Cheung Kong Holdings, there is the intention to change its real estate business flagship Cheung Kong Property Holdings to CK Asset Holdings. This move shows that Cheung Kong Holdings' positioning and future business development strategy policy changes; the development focus will be placed on the fixed income business. Li Ka-shing's company began its "de-real estate" adjustment, which carries important significance, and means that the mainland of China, Hong Kong's real estate industry have developed to the stage of "de-real estate".

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