China's plan for new Shenzhen sparks frenzy of speculation
Shares of Chinese cement, building, port-related firms surge in HK on hopes of major construction activity
Add BT as a preferred source
Hong Kong
IT didn't take long for news that China would set up an economic zone near Beijing to touch off an investor frenzy.
Within 24 hours of Saturday's announcement that the government would create the Xiongan area in Hebei province - in the same spirit that Shenzhen and Shanghai's Pudong were built - hordes of prospective buyers had thronged to the region.
TRENDING NOW
Singtel Q1 gain drops 71% to S$818 million in absence of Airtel stake sale; weaker Singapore business
Sembcorp raises interim dividend despite 72% H1 profit slide to S$150 million on Alinta deal costs
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
CDL H1 profit jumps three times to S$301 million on strong condo sales, doubles interim dividend
