trending Market Intelligence /marketintelligence/en/news-insights/trending/zYUghE8ZcBvIX1y2yy_32w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Sun Hung Kai, Ping An jointly win China mixed-use site with 13.26B-yuan bid

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Credit Analytics Case Study Poundworld Retail Ltd

Fintech

Fintech Funding Flows To Insurtech In February


Sun Hung Kai, Ping An jointly win China mixed-use site with 13.26B-yuan bid

Sun Hung Kai Properties Ltd.'s joint venture with Ping An Insurance (Group) Co. of China Ltd. placed the winning 13.26 billion-yuan bid for a 175,300-square-meter mixed-use site in Hangzhou, China, Mingtiandi reported AUg. 11, citing the city's Bureau of Planning and Natural Resources.

The pair outbid companies including Hangzhou Binjiang Real Estate Group Co. Ltd. and Beijing Runfeng Group to secure the right to develop an 857,700-square-meter integrated project in the three-plot site. The project has secured approval to build a complex that will have office, retail, residential and entertainment components, according to the news platform.

The winning bid represents a 1.22% premium above the site's reserve price, the city's most expensive plot, the Aug. 11 report added.

As of Aug. 9, US$1 was equivalent to 7.06 yuan.