Jiayuan International acquired a 70.1 per cent stake in the TPlus project from Hong Kong magnate Tang Shing-bor for HK$657.5 million in May 2018. Photo: Edward Wong

Mainland Chinese developer Jiayuan says Hong Kong micro flats profitable despite price cuts, reports 23 per cent rise in interim profit

  • Developer and Hong Kong magnate Tang Shing-bor generate about HK$1.1 billion from sale of TPlus units
  • Company says core net profit for first half has risen to 1.06 billion yuan
Topic |   Hong Kong property

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Jiayuan International acquired a 70.1 per cent stake in the TPlus project from Hong Kong magnate Tang Shing-bor for HK$657.5 million in May 2018. Photo: Edward Wong
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