HONG KONG May 22 The Hong Kong government said
on Thursday it has no intention of easing property cooling
measures in the city, where prices have surged nearly 120
percent since 2008 due to an ultra-low interest rate
environment, tight supply and abundant liquidity.
Hong Kong leader Leung Chun-ying, speaking in the city's
legislative council, said the measures, which include higher
duties for foreign buyers, had been effective so far and there
were no plans to loosen them for now.
(Reporting By Yimou Lee; Editing by Anne Marie Roantree and