Full Year 2021 Swire Properties Ltd Earnings Presentation - Q&A Transcript

Feb 15, 2024

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Mar 10, 2022 / NTS GMT
Presentation - Q&A
Mar 10, 2022 / NTS GMT

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Corporate Participants
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* Ngan Yee Lung
Swire Properties Limited - Finance Director & Executive Director
* Timothy Joseph Blackburn
Swire Properties Limited - CEO & Director

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Operator

Thank you, Tim and Fanny for the presentation. We now proceed to the Q&A.

Questions and Answers:

Operator

(Operator Instructions) Now I will read out the first question, which is about our investment in Xi'an. Why did you choose Xi'an despite a preference for investment in Tier 1 cities? Did local government invite you to invest?

Timothy Joseph Blackburn - Swire Properties Limited - CEO & Director

Okay. Well, maybe I'll take that one, Fanny. So as I mentioned, we're very excited about this opportunity in Xi'an. Our strategy in the Chinese Mainland has been to look for opportunities in Tier 1 cities and emerging Tier 1 cities, but also to look for locations

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