EVERGRANDE INVESTS IN HONG KONG LAND TO DEVELOP VILLAS

HIGHLIGHTS

• Top real estate developer China Evergrande is prepared to begin developing 400 villas in Hong Kong after purchasing a site in the New Territories from Henderson Land, as indicated by a report by the blue-chip builder in the last week.

The deal is done with HK$ 4.7 billion in July, headed by Xu Jiayin paid Henderson to buy the Yuen Long project after Hong Kong home sales fell more ....