In recent years, China’s tech behemoths like Tencent Holdings and Alibaba Group Holding have pivoted towards significant investments in mainland real estate. This trend emerges amidst challenging economic conditions and stringent policy landscapes that both the technology and real estate sectors face. The Rise of Tech Giants in Real Estate Historically, Chinese Big Tech firms … Continue reading Tech giants Tencent and Alibaba acquire mainland properties amidst real estate slump 2024.