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Hong Kong historic mansion sells for 72M
A historic mansion in Hong Kong has been sold for $72 million USD, making it one of the city's largest real estate deals this year. The mansion is located at 14 Swiss Oa Street and spans over 6,100 square feet. It was purchased by the wife of billionaire Zhang Li during a period of resurgence in Hong Kong's luxury property market, driven by Chinese demand. This deal comes amid a wave of rising luxury property prices reaching hundreds of millions of dollars, with the real estate company stock index increasing by 17% over the past year.
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