Li Jiacheng intends to sell Shanghai Pudong commercial projects cited speculation

China’s real estate industry in the past few years, the development is very hot, the last two years, due to some of the country’s policy control, the development of the entire real estate industry is beginning to gradually stabilized.

Li Jiacheng under the name of Cheung Kong real estate intends to re Shanghai Pudong complex century sinks, there are a number of overseas funds in the long contact and real estate, the highest offer 20 billion yuan, but did not reach a substantial purchase intention.

insiders said, unlike the mainland housing prices by rapid turnover pattern of development, Hong Kong enterprises to use the capital operation, the land premium, finally sell cash earnings.



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