Xindi Rongan Building Shen Qiang has a valuation of 400 million

SHKP (00016) or the relevant person has recently acquired the old building in the area of Bowenton Road, Wan Chai. The developer applied to the Lands Tribunal for a compulsory auction (hereinafter referred to as “Strong Shot”) with a 92% ownership of the Wing On Building with a valuation of $4.038 billion. Among them, Ji Peijian (00034) executive director Ke Peiyi held one of the units that was beaten. It was purchased in 2016 for 5.18 million yuan, with the latest valuation of 5.56 million yuan.