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>> HONG KONG Latest News

FEB 25, 2014 - Yahoo! News

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Property remains top wealth driver in China-Hurun list

BEIJING (Reuters) - Real estate remained the most lucrative road to riches in China last year, according to the Hurun Global Rich List, despite Beijing's repeated efforts to cool red-hot property prices. Six of world's 10 top real estate tycoons are now from China and Hong Kong, according to Hurun Report Inc, which released its Global Rich list on Tuesday. Hong Kong property tycoon Li Kai-shing claimed the top spot in the Greater China area with his fortune rising 3 percent to 200 billion yuan ($32.80 billion). ...

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