27/3/2018-7

Watson Energy Transfers 25 Billion Global Property

Foreign sources quoted several informed sources that China Huaxin Energy is planning to sell its real estate assets, including offices, hotels, apartments and industrial facilities across the country. It is estimated that 100 properties are involved and the book value is more than US$3.2 billion (equivalent to more than 24.9 billion Hong Kong dollar); Most of the above properties are located in major cities in the Mainland and some are located in Europe and the United States. A few days ago, another source pointed out that Chairman Watson is selling about 3 billion Hong Kong properties through its subsidiaries.