Hong Kong Scores Biggest Luxury Property Sale of the Year.

A paper tycoon and his wife are reported to have made Hong Kong's most expensive luxury property purchase this year, paying HK$1.45 billion ($180 million) for a nine-apartment complex in Repulse Bay. The deal comes as Hong Kong's property market makes a comeback: prices have climbed for 10 straight weeks, rebounding from a slide that began last August. [Extracted from the article]