Chinese Estates Secures Kai Tak Land Through Joint Venture

Reuters01-22
<a href="https://laohu8.com/S/CESTF">Chinese Estates</a> Secures Kai Tak Land Through Joint Venture

Chinese Estates Holdings Limited has announced its involvement in a joint venture for a major land acquisition in Hong Kong. The company, through its 10% stake in Capital Asian Limited—a joint venture ultimately held with other partners—successfully secured the site known as New Kowloon Inland Lot No. 6590, located at Kai Tak Area 2A Site 2 and Site 3 in Kowloon. The company has provided loan advances and financial guarantees related to this project, with the total financial assistance exceeding HK$1.2 billion. This development marks a significant investment in Hong Kong’s real estate sector by Chinese Estates Holdings Limited and its partners.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chinese Estates Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260122-11998596), on January 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment