JD.com Acquires Hong Kong Dormitory Property in Mong Kok for HK$750 Million

According to a Far East Consortium announcement, JD.com subsidiary JD Fabulous Development XI Limited plans to acquire all issued shares of Charter Joy Limited for an initial purchase price of HK$750 million. The target property is located in Hong Kong's Mong Kok district and is currently being converted from hotel rooms into student accommodation units, with completion expected in the second half of 2026.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments