March 22, 2017 / 8:52 AM / 5 months ago

Li Ka-shing says does not expect HK property prices to fall

HONG KONG, March 22 (Reuters) - Hong Kong's richest man Li Ka-shing said on Wednesday he does not expect property prices in the former British colony to fall in the short term.

Li was speaking after his ports-to-telecoms business CK Hutchison Holdings Ltd said net profit rose 6 percent in 2016, helped by stable earnings from its infrastructure, telecommunications and retail units.

Reporting By Anne Marie Roantree; Editing by Christian Schmollinger

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