While his opinion has triggered a strong reaction among some, the city’s indexes of real estate, finance, and other areas have corroborated what he’s said.
After spending US$23 million to purchase an American landholding, Alibaba chairman Jack Ma is reported to have spent US$193 million last week, on a luxury house at 22 Barker Road, Hong Kong’s exclusive Victoria Peak area, this is Ma’s 2nd house in Hong Kong.