HNA Group, the Chinese conglomerate that muscled its way into Hong Kong’s real estate market in 2016 and 2017, said it will go it alone in building on the former Kai Tak airport site, for which it paid a record HK$27.2 billion (US$3.48 billion).
“We have discussed with various parties but have not come up with any plan to jointly develop the project,” said Liu Junchun, vice-chairman of HNA’s listed unit Hong Kong International Construction Investment Management Group….
Source : South China Morning Post
Read more…HNA will go it alone to build at the former Kai Tak airport, denies joint project with Sun Hung Kai















