The e-commerce giant acquires a 50% interest in the China Construction Bank Tower, following Alibaba and Ant Group in capitalizing on the city’s stabilizing commercial real estate market
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JD.com Inc. is investing HK$3.5 billion ($450 million) for a 50% stake in a prime Hong Kong office tower, the latest move by a Chinese mainland tech giant to tap the city’s commercial real estate sector as signs of a market rebound begin to emerge.
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