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 IssaThe 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
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

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 IssaThe 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
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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