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Mario Ho Yau-kwan, the youngest son of billionaire casino tycoon Stanley Ho, has splashed out HK$500 million (US$64.4 million) on a house at one of Hong Kong’s most prestigious addresses, it emerged on Wednesday.
It may not turn out to be one of the 25-year-old businessman’s best timed investments. Within days of buying 2 Island Road in Deep Water Bay on January 7, the coronavirus outbreak in Wuhan, China, had snowballed into a dire health emergency, with the first reported cases in Hong Kong not far behind.
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