Why has China Vanke arrived in Tsuen Wan now? I smell politics

On Wednesday, China Vanke, the mainland's largest property developer, created a stir by acquiring a residential site on the Tsuen Wan waterfront in partnership with New World Development. It was Vanke's first foray into the local property market.

The big question is, why now? Most analysts have come up with economic and financial explanations. I, however, smell politics.

Let us take a look at the economic reasons first. The primary one being given is that a drop in profit margin has pushed mainland developers into the potentially lucrative Hong Kong market.

via Business feed http://www.scmp.com/business/article/1136299/why-has-china-vanke-arrived-tsuen-wan-now-i-smell-politics