The site above Hong Kong’s High Speed Rail Station in Kowloon is the biggest parcel of commercial land ever sold by the government. It sold for a record HK$42.23 billion (US$5.4 billion). Photo: Roy Issa
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

Big business still has faith in Hong Kong

  • Despite the anti-government protests, Sun Hung Kai Properties has paid a record HK$42.23 billion for a plot of land and tech giant Alibaba, with a market capitalisation of HK$4 trillion, has listed on the local stock exchange
  • Whatever may be happening on the streets, it’s too early to write off Hong Kong

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The site above Hong Kong’s High Speed Rail Station in Kowloon is the biggest parcel of commercial land ever sold by the government. It sold for a record HK$42.23 billion (US$5.4 billion). Photo: Roy Issa
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