28 July 2014 - 433 units at Cheung Kong's “Mont Vert (Phase 1)” development in Tai Po were quickly sold during the first two days of its launch, cashing in over HK$2.6 billion. Adding to other developments sold earlier this year, Cheung Kong has already received over HK$17.6 billion in year-to-date residential sales. This compares very favourably against the HK$5 billion in total revenue achieved by the developer last year.
Including the sale of its Heung Yip Road office building project in Wong Chuk Hang, Cheung Kong’s sales revenue has already climbed over HK$ 20 billion this year.
Cheung Kong and Hutchison Whampoa Limited will release their interim results ended 30 June 2014 on Thursday. The interim results are expected to be a focus of the week.
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