Mainland developer China City Construction has put its Ma On Shan waterfront site on the block for a while before finding a buyer in Wang On Properties, according to industry watchers. Photo: Stanley Shin

Chinese developer forced to sell Ma On Shan site amid Beijing’s tightened capital controls

China City Construction will sell its Ma On Shan waterfront residential site to Wang On Properties. It acquired the plot in 2014 for HK$2.138 billion.

Topic |   Hong Kong property

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Mainland developer China City Construction has put its Ma On Shan waterfront site on the block for a while before finding a buyer in Wang On Properties, according to industry watchers. Photo: Stanley Shin
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