Market Chatter: Sino Land Wins Hong Kong Residential Site with HK$1.1 Billion Bid

MT Newswires Live

08/14

Sino Land (HKG:0083) won a bid to purchase a residential site in Hong Kong's Tuen Mun, Hong Kong's The Standard reported.

The property developer's HK$1.09 billion bid beat out seven other tenders, but was much higher than market expectations, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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