New World Development and Chow Tai Fook Enterprises have jointly bought a commercial site in Shenzhen’s Qianhai free trade area for 4.2 billion yuan. Photo: Enid Tsui

New World, Chow Tai Fook win joint 4.2b yuan land bid in Qianhai FTZ

Consortium plans to develop the site into 170,000 square metre financial and commercial complex

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New World Development and Chow Tai Fook Enterprises have jointly bought a commercial site in Shenzhen’s Qianhai free trade area for 4.2 billion yuan. Photo: Enid Tsui
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