China Business News: Shunfa Hengye buys land in Hangzhou for RMB 434 mln

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Shunfa Hengye buys land in Hangzhou for RMB 434 mln

Sep. 30, 2009 (China Knowledge) - Shunfa Hengye Corp<000631>, which is engaged in the development of properties, interior design and landscaping, on Friday announced that one of its wholly-owned property subsidiaries has won the bid for a piece of land in Hangzhou, Zhejiang Province for RMB 434 million, sources reported. The Shenzhen-listed firm obtained the parcel for RMB 8,700 per square

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