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Wheelock and Co Ltd (0020.HK)

0020.HK on Hong Kong Stock

55.40HKD
19 Jul 2019
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Fri, Feb 1 2019

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HNA's Hong Kong unit sells land parcel to Wheelock for about $500 million

HONG KONG China's HNA Group sold its last land parcel in Hong Kong to local developer Wheelock and Co's property business for HK$3.91 billion (381.40 million pounds), continuing its global asset disposals to ease its liquidity crunch.

HNA's Hong Kong unit sells land parcel to Wheelock for about $500 mln

HONG KONG, Feb 1 China's HNA Group sold its last land parcel in Hong Kong to local developer Wheelock and Co's property business for HK$3.91 billion ($498.3 million), continuing its global asset disposals to ease its liquidity crunch.

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