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| HSI1 | 25,511.10 | 0.00 | -- |
| HSCEI1 | 8,445.37 | 0.00 | -- |
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2026-08-25 17:36:21 The HSK New Development consortium, formed by six enterprises, won the Hung Shui Kiu/Ha Tsuen New Development Area project for HKD1.03 billion, with a total investment amount of HKD16.8 billion. The six enterprises each hold similar stakes, among which CHINA OVERSEAS (00688.HK), CHI MER LAND (00978.HK), CHINA RES LAND (01109.HK), JD-SW (09618.HK) and SINO LAND (00083.HK) each hold a 17% equity interest, while China Tourism Group holds the remaining 15% equity interest. Regarding capital contribution, each joint venture partner's capital commitment to the joint venture company was determined after fair negotiations among the partners, with reference to land premiums, development costs of the sites and each partner's respective equity interest in the joint venture company. Any profits or losses will also be allocated or shared among the joint venture partners in proportion to their respective equity interests in the joint venture company. ~ AASTOCKS Financial News Website: www.aastocks.com | |