Since the start of this year, mainland Chinese developers have flocked to first-tier cities like Shanghai to acquire land. Photo: Xinhua

Hong Kong & China

Gemdale is new ‘land king’ with 8.8 billion yuan purchase of Shanghai plot

Topic | China property

Zheng Yangpeng

Published: 3:26pm, 27 Jul, 2016

Updated: 2:54pm, 20 Jul, 2018

Since the start of this year, mainland Chinese developers have flocked to first-tier cities like Shanghai to acquire land. Photo: Xinhua

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