Cash boost for Shanghai park no threat to Hong Kong Disneyland, say bosses
The Shanghai park will be one of the beneficiaries of the huge loan package from the Agricultural Bank of China. But the Hong Kong park has big plans of its own and the Hong Kong government, the majority shareholder, announced earlier this year that a new zone featuring Marvel superheroes - including the likes of Iron Man, Captain America and Thor - will be built.
The Shanghai park will be one of the beneficiaries of the huge loan package from the Agricultural Bank of China.
But the Hong Kong park has big plans of its own and the Hong Kong government, the majority shareholder, announced earlier this year that a new zone featuring Marvel superheroes - including the likes of Iron Man, Captain America and Thor - will be built.
Disney is also understood to be negotiating with the government to build three new hotels, and plans a shopping street outside the park.
A Disney spokesman said that of the 45 per cent of its visitors who came from the mainland, half were from southern provinces and were likely to continue to find the Hong Kong site a more convenient destination than Shanghai.
"As long as Hong Kong maintains its strength as a shopping and dining paradise, it will remain appealing to that group of tourists," the spokesman said.