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Tuesday, April 29, 2014
Hong Kong Real Estate on Sale
A Chinese recovery would
essentially mean that the property market in China is not overheated,
and that property prices will not decline. In which case, Hong Kong
property companies would become rather attractive, because they sell, in
some cases, at almost a 50 percent discount the net asset value.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.