HONG KONG: Cheung Kong Holdings Ltd said on Tuesday it planned to sell properties worth HK$30 billion ($3.87 billion) in Hong Kong and China this year, down from HK$40 billion recorded last year.

The company's executive director Justin Chiu told reporters it recorded property sales of HK$25 billion and 10 billion yuan ($1.6 billion) in Hong Kong and China in 2014, respectively.

Copyright Reuters, 2015