Lv Shijie: China Shipping's sales in Hong Kong are very ideal and will still actively participate in investment

Viewpoint Real Estate Network News: On August 24, China Overseas Development Co., Ltd. held the 2020 interim results conference online, and Chairman Yan Jianguo, Vice Chairman Luo Liang, Chief Executive Officer Zhang Zhichao, Vice President Guo Guanghui, and Financial Director Lu Shijie attended the meeting.

Viewpoint Real Estate New Media learned at the meeting that regarding whether China Shipping's plan to push the market in Hong Kong will be affected by the epidemic, Lu Shijie responded that under the influence of the huge domestic economic backing and Hong Kong's international market position, Hong Kong's economy still has a good chance of steady development in the long run.

The above-mentioned person mentioned that Hong Kong's land resources are very scarce, land supply is limited, driven by rigid demand, the Hong Kong market is still stable and good in the long term, "although under the influence of the epidemic, Hong Kong's primary market impact is relatively small, it can be said that the price is relatively stable, but the number is still quite large, but the second-hand market is more on the sidelines." ”

For China Shipping, Hong Kong is the birthplace. Lu Shijie said that the group will continue to increase investment in Hong Kong and Macao and continue to strive to enter the forefront of real estate in Hong Kong and Macao.

In 2019, China Shipping's project sales in Hong Kong reached HK$9.767 billion, the highest sales volume in hong Kong's real estate market. Lu Shijie said that sales in the first half of this year are very ideal, and at present, the total assets of China Shipping can be sold in Hong Kong exceeds HK$130 billion, and if there is a suitable investment opportunity, it will still actively participate in investment targets.

It is reported that in the first half of this year, the Hong Kong market auctioned 6 lands, and China Shipping participated in the auction of 3 of them.