25 August 2026finance.biggo.com

JD Joins JV That Wins HK$1.03B Hung Shui Kiu Development Tender

SigSignificance4.60SenSentiment+6.30EnvEnvironment0.00SocSocial+2.60GovGovernance0.00

On August 24, Hong Kong’s Development Bureau said the Hung Shui Kiu/Ha Tsuen project in the Hung Shui Kiu/Ha Tsuen New Development Area completed bid evaluation and was awarded to HSK New Development Limited for HK$1.03 billion. The JV includes JD.com as a 17% stakeholder, with estimated investment of HK$2.856 billion within a total HK$16.8 billion plan expected to deliver over 3,000 homes and more than 6,000 jobs over the long term.

Coverage (1)

JD.com teams up with five major players to win Hong Kong's first Northern Metropolis area development site for HK$1.03 billion (finance.biggo.com)

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