China’s Fosun Group began construction of its first residential project in Hong Kong, encapsulating the recovery of the city’s property sector as it transforms the Shaw Brothers’ Movietown studio complex in Clear Water Bay.
At the groundbreaking ceremony, Guo Guangchang, chairman of Fosun International, described the 12-year-old project as a vote of confidence in Hong Kong’s development, with the move taking forward the birthplace of Chinese kung fu films – once dubbed Asia’s Hollywood.
“We must…
Source : South China Morning Post
Read more…Fosun breaks ground at Shaw Brothers Movietown residential project















