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While his opinion has triggered a strong reaction among some, the city’s indexes of real estate, finance, and other areas have corroborated what he’s said.
This may eventually lead to financial difficulties or even closure of companies, economic recession, and layoffs...
After spending US$23 million to purchase an American landholding, Alibaba chairman Jack Ma is reported to have spent US$193 million last week, on a luxury house at 22 Barker Road, Hong Kong’s exclusive Victoria Peak area, this is Ma’s 2nd house in Hong Kong.
