ABC buys HK office tower

Agricultural Bank buys Hong Kong office for $630 million

ABC will use the 28-storey building as its Hong Kong headquarters, making it the first of China's big four banks to own its office building in the city.

Lillian Liu

May 16, 2012

50 Connaught Road

Agricultural Bank of China (ABC) has bought an office building in Hong Kong’s prime business district for HK$4.9 billion ($629 million) as the lender continues to flex its muscles outside China.

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