With HK$20 billion allocated to our trading portfolio distinctive design which places the Small Wild Goose (including in South East Asia), we continue to develop our Pagoda as the focal point, alongside architectural residential plans, with an exciting pipeline of new projects features which pay tribute to the heritage of the site. In in our home market of Hong Kong, together with new addition, arts and cultural elements will be a key focus investments in South East Asia. We remain focused on as we develop our vision for this project. exploring opportunities in four key markets in South East Asia – Ho Chi Minh City, Jakarta, Singapore and Bangkok. Another major investment is our upcoming retail project Earlier this year, we announced our first investment in in Sanya, Hainan Province. Under the Hainan Free Trade Bangkok, Thailand, where we will be building a luxury Port Policy, Sanya is fast developing as an international residential development in the city’s central leisure destination and consumption hub. This project business district. marks our first-ever resort-style retail project, and our design concept will embrace Sanya’s coastline and history of traditional fishing settlements. Various New Investments in the sustainability and wellness elements, as well as art and Chinese Mainland cultural zones, have been incorporated to curate a unique, premium retail experience. We have allocated HK$50 billion of our investment plan In February, we obtained 100% ownership of to expanding our presence in the Chinese Mainland. Sino-Ocean Taikoo Li Chengdu after we completed We have made good progress on that front, with strategic the acquisition of the remaining interest in the project. investments in two new markets – Xi’an and Sanya. We are excited to announce the renaming of this Our goal is to double our gross floor area in the region by signature project in August. 2032. Last year, we announced Taikoo Li Xi’an, a large-scale, retail-led project which marks our first We remain focused on expanding our presence in the investment in the ancient city of Xi’an. The city has one Greater Bay Area. Leveraging the success of Taikoo Hui of the fastest growing economies in north-western China, in Guangzhou, we are keen to identify more investment with a predominantly young and affluent population. opportunities over the next decade. Currently we are The project is situated between the ancient Chang’an exploring major potential investments in Julong Wan in district and modern Xi’an city centre, and enjoys a prime Guangzhou, Pudong in Shanghai and Futian in location within the Small Wild Goose Pagoda historical Shenzhen. We have also announced a new hotel under and cultural zone – a UNESCO World Heritage site. The House Collective brand in the Nanshan district We intend to do justice to our surroundings, with a of Shenzhen. 11