
Hong Kong developer CK Asset set to weather ‘stress test’ conditions, chairman says
CK Asset Holdings, the flagship property developer of Hong Kong billionaire Li Ka-shing’s family, will weather the “doldrums” in the city’s commercial leasing market amid global economic uncertainties, according to chairman Victor Li Tzar-kuoi. “No industry in this world is always well-performing, and demand for Hong Kong’s retail and office properties is indeed slow at…