JD.com Bets on Hong Kong Office Comeback With $450 Million Investment

JD.com Bets on Hong Kong Office Comeback With $450 Million Investment

JD.com Bets on Hong Kong Office Comeback With $450 Million Investment - The e-commerce giant acquires a 50% interest in the China Construction Bank Tower, following Alibaba and Ant Group in capitalizing on the city’s stabilizing commercial real estate market

JD.com invests $450mn in prime HK space

JD.com is investing HK$3.5 billion ($450 million) for a 50% stake in a prime Hong Kong office tower, reports Caixin. The Chinese mainland tech giant seeks to tap the city’s commercial real estate sector as signs of a market rebound begin to emerge. The e-commerce company is purchasing the stake in the China Construction Bank […]

JD.com Acquires Stake in Hong Kong’s China Construction Bank Tower for HK$3.5 Bn - YT FINANCE

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