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Hong Kong » Outlook International Property Brokers forecast that the slower demand growth in both the US and China is likely to lead to a widening of the deficit once again in 2006-07. This will be offset by the growing surplus on the services account.
Hong Kong's Housing Authority, hoping to raise HK$22 billion ($2.8 billion) in the IPO, has earmarked 30 percent, or 577.75 million units for retail investors. The ratio will go up to at least 50 percent if the portion is 25 times subscribed. 
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