Yinzhou-Hong Kong Cooperation Yields New Fruits

Updated:2025-08-08 15:53 Source: Yinzhou District Daily Agency

Yinzhou and Hong Kong have achieved new milestones in modern service collaboration. On the morning of July 26, the 2nd Zhejiang-Hong Kong Modern Professional Services Cooperation Conference held in Ningbo Conference Center witnessed Yinzhou signing two major projects with a total investment nearing ¥2 billion.

This follows Yinzhou’s investment promotion campaign in Hong Kong last May, where forums with Hong Kong-based Yinzhou entrepreneurs showcased the district’s business environment, efficiently connecting Hong Kong’s industrial, talent, and capital resources.

Project Highlights

Ka Wah Shipping Global Headquarters

Investment: $50 million

Investor: Ka Wah Shipping (Hong Kong) Ltd. (globally ranked 54th)

Scope: Establishes global HQ in Ningbo focusing on shipping operations, vessel investment management, and international trade.

Efficiency: Completed registration and site coordination within 45 workdays, aided by Yinzhou’s full-chain investment service mechanism.

InCity REITs Fund Project

Investment: ¥1.58 billion

Investor: InCity Commercial Property Co., Ltd.

Background: Operates 164+ commercial properties across 53 Chinese cities (¥100 billion AUM).

Plan: Packages Yinzhou Impression City—valued at ¥1.58 billion—into a real estate investment trust (REIT). Proceeds will reinvest in Yinzhou’s commercial real estate sector, forming a capital recycling loop.

These projects reinforce Yinzhou’s strategic position in global capital flows and high-end service industries, accelerating regional economic upgrading.