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Hong Kong property market woes pile pressure on government - Nikkei Asia

HONG KONG -- After nearly a year of calls with real estate agents, Ms. Chan was relieved to finally sell her 400-square-foot, top-floor apartment in Hong Kong's northern residential district of Yuen Long for 5.8 million Hong Kong dollars ($741,000) last month. But the markdown of 32% from when it was valued at its peak two years ago was a disappointment.

"The current market has brought me so much anxiety," Ms. Chan said.

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