CK Asset considers US$3b China property project sale


  • Business
  • Thursday, 16 May 2019

SHANGHAI: CK Asset Holdings Ltd, one of Hong Kong’s biggest developers, is considering selling its stake in a large project in Shanghai, according to people familiar with the matter.

The landmark project – Upper West Shanghai in the city’s northwestern Putuo district – was billed as one of the largest mixed-used developments in the financial hub when construction started in 2011.

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