Greenland Hong Kong has raised US$300 million of capital for the real estate fund it jointly set up with a Kuwaiti royal, but says it will refrain from investing along the One Belt, One Road route amid worries about financial turbulence.
Chen Jun, chairman and chief executive of the Hong Kong-listed company, said that risk-management would be given priority in its overseas expansion while the fund initially focuses on US dollar-denominated assets.
“The market conditions have changed,…
Source : South China Morning Post
Read more…Greenland Hong Kong’s new fund abandons plan to invest in Silk Road countries















