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Chinese real estate moguls bet $437m on seafood import hub

The real estate developers are confident of the future growth of China’s seafood sector, although when Undercurrent News visited the site large parts stood empty

By Louis Harkell | Sept. 21, 2018 09:22 BST
Hengsha International Fish Port seen from the office of Li Zhipeng, co-founder and general manager of Hi-Chain.
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SHANGHAI, China -- A group of Chinese real estate developers is betting CNY 3 billion ($436.9m) on the future growth of China’s seafood sector with a huge new seafood trading hub near Shanghai. [...]

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