Market Chatter: CK Asset to Release New Batch of Apartments in Hong Kong

MT Newswires Live09-17

CK Asset (HKG:1113) will roll out a new batch of apartments for sale on the southern portion of Hong Kong Island, the South China Morning Post reported Monday.

The 558 units are under the Blue Coast II development of Southside in Wong Chuk Hang, and sales will start as early as October, the report said.

The developer launched Blue Coast I with 642 apartments in March, the SCMP said.

CK Asset's Southside complex will have 5,200 apartments across 14 towers.

Shares closed 4% higher on Tuesday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (HKD): $32.10, Change: $+1.3, Percent Change: +4.22%

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