Li Ka-shing’s CK Asset Holdings has sold a mixed residential and commercial project in Chengdu for US$1.02 billion, the latest mainland China asset disposal of the group.
The company said in an exchange filing late on Thursday that Chengdu Le Parc in the capital of southwestern Sichuan province was sold to Hong Kong-listed Yuzhou Group and Chengdu Ruizhou, giving it an estimated gain of HK$3.81 billion (US$492 million). The Chengdu project has 23,253 residential and commercial units, of which…
Source : South China Morning Post
Read more…Li Ka-shing’s CK Asset makes US2 million from sale of Chengdu development as it pulls back from China















