“We attach great importance to the mainland market,” New World Development chairman Henry Cheng Kar-shun said on Monday after spending US$310 million on a sizeable commercial and residential land parcel in Guangzhou. Photo: Dickson Lee

New World China buys US$310m mixed-use land parcel in Guangzhou, reinforcing its mainland commitment

35,245 square metre land parcel on Yongning Street in Zengcheng District on the eastern outskirts of the Guangdong provincial capital

Topic |   China property

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“We attach great importance to the mainland market,” New World Development chairman Henry Cheng Kar-shun said on Monday after spending US$310 million on a sizeable commercial and residential land parcel in Guangzhou. Photo: Dickson Lee
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