After signing a daring deal in February to launch a US$2.2 billion resort and casino on Korea’s Jeju Island, the chairman of a little known Chinese real estate developer raised HK$661 million (US$85 million) to develop the project. Now, however,… Read More>>
Chinese Investors Setting Up on Korean Resort Island
Korean banks on South Korea’s Jeju island have reported as much as a thirty-fold increase in Chinese clients thanks to a series of real estate development schemes aimed at attracting Chinese homebuyers and vacationers to the resort location.
According to… Read More>>
Chinese Firm Teams with Sentosa Developer for US$2.2B S Korea Casino
A Chinese developer is teaming up with the company behind one of Singapore’s Sentosa casinos to invest US$2.2 billion in a new gambling-centred project in South Korea, the companies announced this week.
The joint venture between Genting Singapore Plc and… Read More>>