They suggested investors buy on weakness, with Sun Hung Kai Properties and Henderson Land among their top picks.

FORBES: Thomas & Raymond Kwok & family

An executive director at Sun Hung Kai Properties was arrested in connection with what the company said is a bribery investigation by Hong Kong authorities.

WSJ: What's News

Sun Hung Kai Properties, which is controlled by the Kwok family, employed an unknown bidder who waited until the 90-minute auction was almost finished before entering the fray.

FORBES: Kwoks Nab Prime Site For $1.4B

The Kwok family's Sun Hung Kai Properties Ltd.

WSJ: Big Players Cash Out of Hong Kong Property

The tycoons' case will be weakened by the surprise arrest on March 29th, for alleged graft, of two major property developers, reported to be Raymond and Thomas Kwok of Sun Hung Kai Properties, as well as a former high government official, reported to be Rafael Hui.

ECONOMIST: Hong Kong��s next leader

In Hong Kong, Chau expects that falling interest rates will help stocks as a whole, especially such blue-chip property developers as Cheung Kong and Sun Hung Kai Properties, both Chau holdings, since lower borrowing costs should stimulate demand for property. (Fair disclosure: Through cef Holdings, Cheung Kong is an investor in Chau's employer, TAL CEF Global Asset Management).

FORBES: One China, Many Choices