we are rejoined by hang lung chairman ronnie chan.alk about china and your real estate plans. do you plan to purchase more land and where? maybe in smaller cities versus larger? >> we are looking for more land. when you say smaller cities, julie, size is relative. a smaller city in china is 5 million people. we look for cities that are at least 5 million people. be economically vibrant. julie: what are you looking for in terms of land purchases for 2017? >> the kind of project we do our huge. can be a couple billion. how many of those can you do? each one of those, 5 million square feet. these are very large and not just large, also the quality is world class. the price per unit is going to be high. julie: ronnie chan, thanks for your time. chairman at hang lung properties. that does it for us. to come.re bloomberg markets: asia is up next. counting down to more market opens. yvonne: great to have you. thanks for joining us. ♪ inshaad: 9:00 a.m. singapore. i am coming to you from bloomberg asia headquarters in hong kong. this is bloom