New World Development’s HK$7.794 billion bid for the Cheung Sha Wan site was higher than analysts’ estimates, underscoring the buoyant state of the Hong Kong asset market. Photo: Bloomberg

New World wins residential site in Cheung Sha Wan for HK$7.79 billion

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New World Development’s HK$7.794 billion bid for the Cheung Sha Wan site was higher than analysts’ estimates, underscoring the buoyant state of the Hong Kong asset market. Photo: Bloomberg
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