Bloomberg News

Shanghai Home Buyers Protest on Price Cut, Cable TV in H.K. Says

October 26, 2011

Oct. 26 (Bloomberg) -- Some home buyers in Shanghai protested after a project developer cut prices of the latest batch of new units by 30 to 40 percent, Cable Television in Hong Kong reported.

The channel broadcasted scenes of the protest in the Chinese city without identifying the name of the developer.

To contact the reporter on this story: Billy Chan in Hong Kong at bchan101@bloomberg.net

To contact the editor responsible for this story: Richard Frost at rfrost4@bloomberg.net


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