Kerry Properties (0683) Chairman Wong Siu-kong said the group will launch China projects this year as the coronavirus situation becomes stable. Hong Kong will contribute 40 percent, while China will contribute 60 percent. Some big cities in China have inelastic demand for property, as well as Hong Kong, Wong said. Wong Siu-kong, said operations of the hotel have not been suspended due to the virus. However, rental income in the first half of this year will be affected by the virus.

Source: The Standard March 17, 2020 09:56 UTC