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Hong Kong retail property fund suffers 30% capital loss on 3 deals amid market gloom

SCMP LogoSCMP5d ago

Hong Kong retail property fund suffers 30% capital loss on 3 deals amid market gloom - SCMP

Quick Summary:

Fund is raising cash to get ready for other buying opportunities amid market stress, founder Edwin Lee says.

China, which raised its tariff on US goods to 125 per cent, now faces up to a 245 per cent levy as a result of its retaliatory actions, the White House said on Tuesday.

The fund is boosting its liquidity to invest in other assets with good potential amid the market stress, Lee added.

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Article Details

Author / Journalist: Salina Li

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 11:30:10 (5 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 280 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28163147

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 14 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 50 minutes ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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  • URL: https://chronographically.beamstart.com/news/hong-kong-retail-property-fund-17453769297470

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