Wharf Real Estate Investment (REIC), the owner of Harbour City and Times Square shopping malls, said it plans to continue reducing its mainland property investments after registering a modest 6 per cent growth in underlying profit to HK$10.05 billion (US$1.28 billion) last year.“We sold some homes in the mainland last year and will continue to reduce related investments,” Stephen Ng Tin-hoi, chairman and managing director of Wharf, said during the results briefing on Tuesday.Ng had said last…
Source : South China Morning Post
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