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Greenland HK in JV for Shanghai project

It will partner China Resources Land in the development

[NEW YORK] Greenland Hong Kong Holdings, a property unit of Chinese state-owned Greenland Holding Group Co, will join with China Resources Land to develop land it bought last month for 5.95 billion yuan (S$1.25 billion).The companies will form a 50-50 venture for the site in Shanghai's Huangpu