They’re also cheered by the absence from Carrie Lam’s (pic) address of any measures to cool the property market, such as higher taxes.
CARRIE Lam’s plans for a new metropolis in northern Hong Kong came as a big relief to investors in the city’s property giants.
Shares of major developers including Henderson Land Development Co jumped a day after chief executive Lam unveiled her target to turn the remote northern part of the New Territories into an urban area for 2.5 million residents.
