Hong Kong's housing bureau is in talks to sell 25,000 unsold subsidised houses estimated at HK$20 billion ($3.9 billion) to China's biggest government-owned property developer, the South China Morning Post said.

• Position: Hong Kong

Hong Kong's housing bureau is in talks to sell 25,000 unsold subsidised houses estimated at HK$20 billion ($3.9 billion) to China's biggest government-owned property developer, the South China Morning Post said. The housing bureau is in talks to sell the vacant apartments to the China National Real Estate Development Council, a developer run by China's State Council, or the Government cabinet, the newspaper said, citing the bureau. The Hong Kong Government was left...