HK property tycoons scramble to meet targets as cooling measures bite

Hong Kong’s powerful property developers are locked in a price war as measures to cool one of the world’s most expensive real estate markets force them to impose steep discounts to hit sales targets, with many turning to mainland China to fill the gap.

via Business feed http://www.scmp.com/business/companies/article/1308760/hk-property-tycoons-scramble-meet-targets-cooling-measures-bite