Hong Kong property giants deny Beijing is ramping up pressure on industry to fix city’s housing woes, following reports of officials losing patience

Hong Kong’s biggest property developers have denied coming under pressure from mainland Chinese officials to solve the city’s housing woes, following reports that Beijing is losing patience with the industry.

The Real Estate Developers Association also stressed that its membership, which includes Sun Hung Kai Properties, Henderson Land Development and CK Asset Holdings, were continuing to support the Hong Kong government in boosting housing supply and improving living standards.