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NewsWhore
10-12-2011, 01:30 AM
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Hong Kong Developers Reverse Losses After Policy Address (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGMzZQbuiGEklnAfN7TwoC_6zsbNg&url=http://www.bloomberg.com/news/2011-10-12/hong-kong-developers-reverse-losses-after-policy-address.html)
Bloomberg
Hong Kong&#39;s central bank is deprived of monetary tools to curb price gains because of its currency&#39;s peg to the US dollar. The city scrapped a subsidized-home program, which sold apartments at a discount of about 30 percent to market prices, ...

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