Sun Hung Kai pays US$1.43 billion for Kai Tak residential plot in subdued tender that underscores downbeat market scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
HONG KONG: Hong Kong's New World Development and Chinese state-backed China Resources Land said they will jointly build a US$1.3 billion housing project in the financial city's "Northern Metropolis" next year. In a joint statement on Wednesday (Dec 27), the two developers said the project will create aroun