Property News · June 6, 2017

C-Suite Q&A: Road King diversifies to Hong Kong property


Road King Infrastructure, which listed on the Hong Kong stock exchange in 1996, had operated as a toll road builder until 2004, when it set its eye on the fast growing property development in China.
It turned to the mainland where land costs were just one-tenth of those in Hong Kong, and small players had been ousted by cash-rich local property giants.
In the first two years of entering into mainland property market, the new business started to contribute HK$506 million in sales revenue, and…

Source : South China Morning Post
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