HK’s Goldin Financial sells residential land at loss citing market outlook concern
Hong Kong’s Goldin Financial
Holdings Ltd on Monday said it has sold a residential
land parcel at a loss of HK$2.6 billion ($335 million), in a
rare move aimed at reducing debt given an uncertain property
market amid economic downturn.
Holdings Ltd on Monday said it has sold a residential
land parcel at a loss of HK$2.6 billion ($335 million), in a
rare move aimed at reducing debt given an uncertain property
market amid economic downturn.
Posted by Reuters
