Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Bank of East Asia (00023.HK) Increases Acquisition of Floors at Bank of East Asia Financial Tower in Shanghai
Recommend 2 Positive 4 Negative 0 |
||||
|
||||
|
Bank of East Asia (00023.HK) announced that it has increased its acquisition of floors at the Bank of East Asia Financial Tower in Lujiazui, Shanghai. The relevant properties will be held by the Group for the long term. Co-Chief Executives Adrian Li Man-bridge and Brian Li Man-bun stated that this strategic increase in holdings of core property assets in Lujiazui reflects the Groups firm confidence in the long-term prospects of Chinas economy and the development potential of Shanghai as an international financial center. It also demonstrates, through concrete action, the Groups long-term commitment to the mainland market. Following this acquisition, the Group will hold in aggregate approximately 85% of the total gross floor area of the building, amounting to over 78,000 square meters. (ha/j) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
