HK's Cheung Kong sets HK/China 2014 sales target at $5.5 bln

HONG KONG Wed Feb 12, 2014 12:40am EST

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HONG KONG Feb 12 (Reuters) - Hong Kong developer Cheung Kong aims to generate a total of $5.52 billion from flat sales in China and Hong Kong in 2014, according to a company official.

The developer aims to generate about HK$30 billion ($3.87 billion) from flat sales in Hong Kong and another 10 billion yuan ($1.65 billion) from home sales in China, said executive director Justin Chiu. ($1 = 7.7564 Hong Kong dollars) ($1 = 6.0606 Chinese yuan) (Reporting by Donny Kwok and Twinnie Siu; Editing by Himani Sarkar)

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