Shenzhen International Holdings (HK:0152) has released an update.
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Shenzhen International Holdings is moving forward with the transformation and upgrading of Phase I of the South China Logistics Park, following approval from relevant authorities. The project involves consolidating 530,000 square meters of land and designating over 577,000 square meters for residential use, alongside commercial and hotel developments. While the company has secured development rights for the first phase, investors are advised to proceed with caution as the project’s future remains uncertain.
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