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| Friday, September 05, 2008 23:38:34 |
Hong Kong property firms dominate Shanghai commercial property scene
Cheung Kong Holdings Limited and Hutchison Whampoa Limited that are controlled by Hong Kong tycoon Li Ka-shing have jointly obtained new land in Lujiazui in Shanghai. Judging from land ownership transformation and transactions in the past two years, Shanghai’s top-end commercial land is mainly in the hands of Hong Kong investors. What retains their interests?
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