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Eye on mainland
By Cao Qian |
July 15, 2011, Friday
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Print Edition
Print Edition
CHEUNG Kong (Holdings) Ltd, the real estate developer controlled by Hong Kong tycoon Li Ka-shing, is actively seeking opportunities to further expand its Chinese mainland presence with interests across various property segments, a senior company official said yesterday.
"We think that the current rein-in measures launched by the central government to cool down the overheated housing market are necessary and will help ensure sustainable growth of the country's property industry," Justin K.H. Chiu, executive director of Cheung Kong, said in Shanghai yesterday.
The Hong Kong-based company also unveiled names for three of its projects in the city, which consist of a mixed-use project in Putuo District, a premium office tower in Pudong New Area and a residential development in outlying Jiading District.
"We think that the current rein-in measures launched by the central government to cool down the overheated housing market are necessary and will help ensure sustainable growth of the country's property industry," Justin K.H. Chiu, executive director of Cheung Kong, said in Shanghai yesterday.
The Hong Kong-based company also unveiled names for three of its projects in the city, which consist of a mixed-use project in Putuo District, a premium office tower in Pudong New Area and a residential development in outlying Jiading District.
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