The high premium and large sum show Coli has confidence in Zhuhai’s development, according to an analyst. Photo: Shutterstock
The high premium and large sum show Coli has confidence in Zhuhai’s development, according to an analyst. Photo: Shutterstock
Zhuhai

Property firm China Overseas Land & Investment shrugs aside Beijing funding curbs to acquire Zhuhai plot for record US$1.6 billion

  • China Overseas Land & Investment tops plot’s reserve price by 25 per cent
  • Company would not miss chance to invest in the city despite Beijing tightening funding for builders, analysts say

The high premium and large sum show Coli has confidence in Zhuhai’s development, according to an analyst. Photo: Shutterstock
The high premium and large sum show Coli has confidence in Zhuhai’s development, according to an analyst. Photo: Shutterstock
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