A man works at a construction site of a residential skyscraper in Shanghai. Photo: Agence France-Presse
Shui On Land raises stake in Shanghai growth prospects after winning two prime sites in state auctions
- Developer wins two state land auctions for Shanghai sites in the past three weeks in signs of optimism for Yangtze River Delta plan
- Land bank and properties in Shanghai amount to 75 billion yuan, or 70 per cent of the group total assets
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China economy
A man works at a construction site of a residential skyscraper in Shanghai. Photo: Agence France-Presse