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House sold for €70m

THE owners of 3 mobile which is run by Asia's richest man – Li Ka-shing – have sold a house in Hong Kong for €70m.

The 6,863 sq ft Victoria Peak property was bought by an unidentified buyer for what is the second-highest price paid in the city.

Top billing goes to a property in The Peak area which sold for just over €100m in 2011.