Journal Call no. | AP8.W56 |
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Author | Li, Sandy. |
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Article Title | Shenzhen pitfalls : ... but court rules in favour of Hongkong buyer / Sandy Li. |
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Is Part Of | Window ; v.4, no.42, 27 Oct 1995, p.48-49, illus. |
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Abstract | The Boan County People's Court in Shenzhen handed down a landmark ruling last month in favour of a Hongkong apartment buyer. Li Yu-dong, a Hongkong road transport company owner, filed action against a Shenzhen property developer for not completing Li's apartment in the period specified in the contract. Li was awarded $240,000 in compensation -- lifting the hopes of thousands of frustrated Hongkong buyers who have parted wiht cash but are still waiting for their apartments to be finished. |
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