Property News · January 14, 2019

Chinese developer Greenland Hong Kong expands into China’s US$1.9 trillion aged care sector as property market slumps


Mainland property developer Greenland Hong Kong has set its eyes in major Chinese cities to expand its elderly care services as a way to accelerate the company’s diversification into non-property businesses amid China’s real estate market slump.
Hou Guangjun, chief operating officer of the company, told the South China Morning Post that first-tier cities including Beijing, Shanghai, Guangzhou and Shenzhen were targeted as the Hong Kong-listed developer looked to tap the growing…

Source : South China Morning Post
Read more…Chinese developer Greenland Hong Kong expands into China’s US.9 trillion aged care sector as property market slumps