Consortium including JD.com wins HK$1.03b Northern Metropolis project

Key facts

• A consortium has been awarded the Northern Metropolis project.
• The winning bid for the project amounted to HK$1.03 billion.
• The consortium includes e-commerce giant JD.com and Chinese state-owned enterprises.

A consortium of six companies, including e-commerce giant JD.com and Chinese state-owned enterprises, has won the first government land sale in Hong Kong's Northern Metropolis project with a bid of HK$1.03 billion. This award underscores the significant role of mainland capital in the city's ambitious development plans.