Shanghai, China

In Shanghai all urban land belongs to the State and every tower stands on a land-use right granted for 40, 50 or 70 years; the real-estate register opens only to rights-holders and parties with a contract or a lawsuit, so the owners of Lujiazui and the Bund are known from what the listed developers, the city's state holding companies and the airport and port groups say in their own exchange filings.

9 buildings · 7 with an owner established · 17 sources · 1 tier B · 8 tier A · prepared 2026-10-20

Can you find out who owns it?

All urban land in China is owned by the State; what a developer or owner holds is a land-use right (土地使用权) granted by the city government for a fixed term — at most 70 years for housing, 50 for industry and 40 for commerce, tourism and entertainment — and the building on it. The real-estate register (不动产登记簿) is not public: under the Ministry of Natural Resources' Interim Measures on Querying Real-Estate Registration Records, only the rights-holder and an interested party may search it, and an interested party must show a sale, lease or mortgage contract or a filed lawsuit or arbitration, name one unit per application, and promise not to use the result for any other purpose. A would-be buyer without a contract learns only the property's physical state and whether it is co-owned, mortgaged or seized — not who owns it; a lawyer may only ask whether a name already supplied matches the register. Owners therefore come from listed companies' annual reports and exchange filings, not from the register.

Is ownership public?Only for those who can prove a legitimate interest
Cost of one title searchNot available at any price
Bulk ownership dataNone published
Sale pricesAggregates only — no individual sales
Sites that forbid taking their data
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1

The marquee buildings

The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.

BuildingUseOwner Owner typeLast price paid
Shanghai Tower (上海中心大厦)
501 Yincheng Middle Road, Lujiazui, Pudong New Area
Mixed use Shanghai Tower Construction & Development Co., Ltd. (上海中心大厦建设发展有限公司)
Lujiazui Finance & Trade Zone Development Co. 45% (direct); Shanghai Construction Group a minority holding; controlled within Shanghai Chengtou (Group)
Lujiazui's 2025 report lists 上海中心大厦建设发展有限公司 as a 45%-held real-estate associate, carried at RMB 1,818.1m at 31 Dec 2025 after a RMB 83.3m loss for the year. Shanghai Construction Group carries its holding as a non-trading equity instrument at RMB 203.9m fair value. Chengtou Holding's report says the company is 'under the same ultimate parent' as itself, Shanghai Chengtou (Group). That this company owns the tower is from Wikipedia (s13): a consortium of Chengtou, Lujiazui and Shanghai Construction Group. The filings give the stakes. Address 501 Yincheng Middle Road (Chengtou report); 632 m (SCG report); 128 floors (Wikipedia).
Government —B
Shanghai World Financial Center (上海环球金融中心)
100 Century Avenue, Lujiazui, Pudong New Area
Mixed use Not established
the jurisdiction does not disclose owners
Developed by Mori Building Company (Wikipedia). No exchange filing opened here names the owning entity or its shareholders: Mori Building is not listed, and its website's terms require written permission to reproduce content and ask anyone linking to it to apply by email first, so its pages were not used. The register is closed to non-parties. 101 storeys, roof 492 m, opened 28 August 2008 (Wikipedia).
Not established —A
Jin Mao Tower (金茂大厦), including Grand Hyatt Shanghai
88 Century Avenue, Lujiazui, Pudong New Area
292,475 m² gross floor area · 88 floors
Mixed use China Jinmao Holdings Group Limited (中國金茂控股集團有限公司), through China Jin Mao Group Co., Ltd.
100% equity attributable to the Group
China Jinmao's 2025 annual report (HKEX 00817), 'Major property investment projects': Jin Mao Tower (including hotel), Pudong New Area, 292,475 m² GFA, office, 100% attributable to the Group, completed 1999. Office occupancy 93.3% in 2025 (94.0% in 2024). The Grand Hyatt Shanghai inside the tower (76,013 m², 548 rooms) averaged RMB 1,323 a night at 88.5% occupancy in 2025. Subsidiary list: China Jin Mao Group Co., Ltd., RMB 2,635 million registered capital, 100%, 'hotel operation and mainland property investment'. Sinochem Holdings is the ultimate controlling shareholder; its companies lease units in the tower under a framework lease running to 31 December 2033.
Public company —A
Oriental Pearl Radio & TV Tower (东方明珠广播电视塔)
Century Avenue, Lujiazui, Pudong New Area
Civic Oriental Pearl Group Co., Ltd. (东方明珠新媒体股份有限公司), through Shanghai Oriental Pearl Radio & TV Tower Co., Ltd.
Oriental Pearl's 2025 annual report (SSE 600637): the company 'owns and operates' (拥有并运营) the Oriental Pearl Radio & TV Tower, the Shanghai International Convention Center (Oriental Riverside Hotel), the Mercedes-Benz Arena and Oriental Green Boat; the tower has received over 100 million visitors in 30+ years. The subsidiary 上海东方明珠广播电视塔有限公司 (broadcast transmission, exhibitions, observation): registered capital RMB 321 million, total assets RMB 1,355.4 million, revenue RMB 832.0 million, net profit RMB 317.4 million in 2025. Largest shareholder Shanghai Media Group (上海文化广播影视集团有限公司), 46.69%, state-owned; ultimate controller Shanghai Municipal SASAC.
Public company —A
Shanghai IFC / Shanghai IFC Mall / The Ritz-Carlton Shanghai, Pudong
8 Century Avenue, Lujiazui, Pudong New Area
IFC Mall c. 1.2M sq ft retail
Mixed use Sun Hung Kai Properties Limited (新鴻基地產發展有限公司)
100% Group interest
SHKP Annual Report 2023/24 (HKEX 00016), 'Major completed property investment on the Mainland': Shanghai IFC / Shanghai IFC Mall / The Ritz-Carlton Shanghai, Pudong / IFC Residence, 8 Century Avenue — lease expiry 2055, Group's interest 100%. The 'lease expiry' is the end of the land-use right. The mall has some 1.2 million sq ft of retail space and over 260 retailers and restaurants. The same table lists Shanghai ICC / IAPM (999 Middle Huaihai Road, 2056, 100%), One/Two/Three ITC in Xujiahui (2054/2064, 100%) and Shanghai Central Plaza (381 Middle Huaihai Road, 2044, 80%).
Public company —A
Shanghai Xintiandi — Xintiandi Shikumen Block and Xintiandi Style (上海新天地)
Taipingqiao, Huangpu District
80,000 m² leasable GFA
Retail Shui On Land Limited (瑞安房地產), through Shui On Xintiandi
RMB 8,361m of the RMB 8,380m carrying value attributable to the Group
Shui On Land 2025 annual report (HKEX 00272): Xintiandi Shikumen Block and Xintiandi Style have 80,000 m² of leasable GFA, valued independently at RMB 8,380m at 31 Dec 2025 (+RMB 21m in 2025), of which RMB 8,361m is attributable to the Group. The wider Shanghai Xintiandi area is 1.2 million m² GFA. Within it the Group holds 44.55% of 5 Corporate Avenue / Xintiandi Hubindao (RMB 6,345m) and 25% of CPIC Xintiandi Commercial Centre (RMB 21,400m). Through the wholly owned Shui On Xintiandi it oversees RMB 79bn of Shanghai office and retail.
Public company —A
Shanghai Pudong International Airport (上海浦东国际机场)
Pudong New Area
Civic Shanghai International Airport Co., Ltd. (上海国际机场股份有限公司) — land leased from Shanghai Airport Authority
Shanghai International Airport Co.'s 2025 annual report (SSE 600009): the listed company runs Pudong airport through its 浦东国际机场 branch — 4 runways, 2 terminals and a satellite hall, 557,043 aircraft movements in 2025 — and pays its controlling shareholder Shanghai Airport (Group) Co., Ltd. (Shanghai Airport Authority) for assets and sites it leases: land lease (土地租赁) rent of RMB 402.9 million in 2025 (RMB 503.6 million in 2024) and a single site lease of RMB 906.1 million. The Group holds 58.39% of the listed company; ultimate controller Shanghai Municipal SASAC. So the listed company holds the operation and some assets; land and part of the airfield stay with the Authority.
Public company —A
Shanghai Hongqiao International Airport (上海虹桥国际机场)
Changning and Minhang districts
Civic Shanghai Hongqiao International Airport Co., Ltd. (上海虹桥国际机场有限责任公司), 100% owned by Shanghai International Airport Co., Ltd.
100%
Shanghai International Airport Co.'s 2025 annual report (SSE 600009): in its restructuring the listed company issued shares to Shanghai Airport (Group) for 100% of Shanghai Hongqiao International Airport Co., Ltd. (虹桥机场公司), 100% of the Airport Group logistics company and the assets of Pudong's fourth runway, with profit undertakings for 2023–2025 that the report says were met. The report does not break out who holds Hongqiao's land; the land-lease lines in its related-party table are all with the Airport Group.
Public company —A
The Bund (外滩) — historic waterfront buildings, incl. No. 12 (former HSBC Building) and the Peace Hotel
Zhongshan East 1st Road, Huangpu District
Mixed use Not established
the jurisdiction does not disclose owners
No filing opened here names the holder of the Bund buildings' land-use rights. Jin Jiang Hotels' 2025 annual report (SSE 600754) lists Shanghai Peace Hotel Co., Ltd. (上海和平饭店有限公司) only as a related party under the same ultimate controller — it is not shown as the company's asset, and the report does not say who holds the building. Wikipedia: No. 12 is 'now used by the Shanghai Pudong Development Bank' after HSBC 'failed to reach a deal with the Shanghai government to buy the building again in the 1990s'. Use is not ownership, and the register is closed to non-parties.
Not established —A
2

The core land

The most valuable ground in the city, and what the public record says about it.

Shanghai publishes no open assessed-value roll, and the register is closed to non-parties. The most valuable ground is therefore read from what owners' independent valuers put in their accounts and from city-wide price statistics.

Xintiandi Shikumen Block and Xintiandi Style — carrying valueRMB 8,380 million (80,000 m² leasable)
Shui On Land 2025 annual report, independent valuation at 31 Dec 2025.
CPIC Xintiandi Commercial Centre — carrying valueRMB 21,400 million (275,000 m² leasable)
Shui On Land 2025 annual report, 31 Dec 2025; Shui On holds 25%.
Market-rate new residential, city-wide averageRMB 81,019 per m² (2025)
Shanghai Municipal Statistics Bureau, as quoted in Chengtou Holding's 2025 annual report; excludes resettlement and shared-ownership affordable homes. All new residential: RMB 46,268/m².
Grade-A office asking rentRMB 7.9 per m² per day (2025, −5.9%)
CBRE and JLL data as quoted in Lujiazui Co.'s 2025 annual report.
3

Who owns the town

At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.

Every hectare of urban Shanghai is State land; the city and district governments grant fixed-term land-use rights, and the biggest holders of those rights are the city's and Pudong's own state companies — Lujiazui, Jinqiao, Lingang, Chengtou, the Airport Authority and the port group. Their listed subsidiaries publish what they hold; the parent groups, Shanghai Land Group and the universities do not, so their holdings are not given here. Figures are as each filing states them and are not comparable with one another.

NameTypeHoldings (as each source states)
Shanghai Municipal People's Government and district governments (land-use rights grantor)
Interim Regulations on the Grant and Transfer of Urban State-owned Land-Use Rights, Art. 2: the State 'separates ownership from the right of use' and grants and transfers urban State land-use rights; urban State land means land owned by the whole people within cities, county towns, designated towns and industrial and mining areas. Art. 12 caps grants at 70 years for residential, 50 for industrial, 50 for education, science, culture, health and sport, 40 for commercial, tourism and entertainment, and 50 for mixed or other use. Art. 4: a holder may transfer, lease or mortgage the right within its term.
Government All urban land (城镇国有土地) — ownership stays with the State; use rights granted for at most 40–70 yearsA
Shanghai Lujiazui (Group) Co., Ltd. (上海陆家嘴(集团)有限公司)
Lujiazui Co.'s 2025 annual report: the group holds 3,131,636,695 shares (62.20%) and is the controlling shareholder; the ultimate controller is the Pudong New Area State-owned Assets Supervision and Administration Commission. Lujiazui Co.'s main operating properties grew from about 150,000 m² in 2005 to 3.92 million m², in the Lujiazui Finance & Trade Zone, Qiantan, Zhangjiang and Chuansha (and Tianjin): 36 Grade-A office buildings totalling about 2.42 million m², about 780,000 m² of retail, 320,000 m² of R&D buildings, 130,000 m² of rental housing. It also holds 45% of the Shanghai Tower company and 20% of the Kerry Parkside company (上海浦东嘉里城房地产).
Government 62.20% of Lujiazui Co., which holds 3.92 million m² of operating propertyA
Shanghai Chengtou (Group) Co., Ltd. (上海城投(集团)有限公司)
Chengtou Holding's 2025 annual report: Shanghai Chengtou (Group) holds 1,175,318,599 shares (46.93%). Chengtou Holding has delivered over 60,000 affordable homes (保障房) in total, operates over 17,000 affordable rental homes and manages over 500,000 m² of science parks. The report lists Shanghai Tower Construction & Development Co. among companies under the same ultimate parent.
Government 46.93% of Chengtou Holding; controls the Shanghai Tower companyA
Shanghai Airport (Group) Co., Ltd. — Shanghai Airport Authority (上海机场(集团)有限公司)
Shanghai International Airport Co.'s 2025 annual report: the Airport Group, its controlling shareholder with 1,452,813,696 shares (58.39%), leases it land (土地租赁, RMB 402.9 million paid in 2025, RMB 503.6 million in 2024), sites (largest single line RMB 906.1 million) and assets. Ultimate controller: Shanghai Municipal SASAC. The airport land therefore stays with the Authority, not the listed company.
Government Leases airport land to the listed operator: RMB 402.9m land rent in 2025; 58.39% of Shanghai International Airport Co.A
Shanghai International Port (Group) Co., Ltd. — SIPG (上海国际港务(集团)股份有限公司)
SIPG 2025 annual report (SSE 600018): intangible assets include land-use rights of RMB 19,182.5 million at cost and RMB 13,252.1 million book value at year-end — a group-wide figure, not Shanghai alone. Home-port container throughput 55.063 million TEU in 2025, 'world's first for sixteen years'. Largest shareholder Shanghai State-owned Capital Investment Co., Ltd., 28.31%; actual controller Shanghai Municipal SASAC.
Government Land-use rights carried at RMB 13.25bn (cost RMB 19.18bn), 31 Dec 2025A
Shanghai Jinqiao (Group) Co., Ltd. (上海金桥(集团)有限公司)
Pudong Jinqiao's 2025 annual report (SSE 600639): parent Shanghai Jinqiao (Group), ultimate controller Pudong New Area SASAC. Main in-operation projects total 3,099,864.84 m² GFA (2,496,897.53 m² above ground), including the Biyun villas, gardens and serviced apartments (474,717 m² residential). Leased property 3,099,131 m², of which 917,521 m² factories and warehouses and 246,677 m² offices; plus 331,122 m² of land in the Jinqiao North area held for lease.
Government Parent of Jinqiao Co., whose in-operation projects total 3.10 million m² GFAA
Shanghai Lingang Economic Development (Group) Co., Ltd. (临港集团)
Shanghai Lingang Holdings' 2025 annual report (SSE 600848): ultimate controller is Lingang Group. Inventory (property for development and completed development products) RMB 41,949 million net at year-end; 93,261.20 m² of the land-use rights in inventory are allocated land (划拨) rather than granted. 2025 sales RMB 2,940 million on 131,200 m².
Government Controls Lingang Holding: RMB 41.9bn of development inventory, end-2025A
5

Who builds the houses

New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.

New homes in Shanghai are built on residential land-use rights the city auctions for 70 years, by state developers (Lujiazui, Chengtou, Lingang, Jinqiao) and listed national developers (China Jinmao, Shui On). No official league table of Shanghai builders exists; the figures below are each developer's own 2025 contracted sales and are mostly not Shanghai-only where noted. The market, per the Shanghai Statistics Bureau figures quoted in Chengtou Holding's report: 12.25 million m² of new residential sold in 2025 (−9.7%), at an average RMB 46,268/m², or RMB 81,019/m² excluding resettlement and shared-ownership affordable housing. The city government's work report counts 74,000 affordable rental homes (保租房) raised in 2025, 610,000 in total.

NameTypeSales 2025 (as stated)
Shanghai Lujiazui Finance & Trade Zone Development Co.
2025 annual report: property sales RMB 11,432 million on 71,900 m²; RMB 9,380 million recognised on 172,200 m². Projects include Meiyuan 2E8 parcels, Qiantan and Chuansha.
Government RMB 11.43bn on 71,900 m²A
Shanghai Chengtou Holding (城投控股, 城投置地)
2025 annual report: sales RMB 7,882.31 million on 115,502 m²; brands named include Xinjiangwan City (新江湾城), Luxiangyuan (露香园) and 城投宽庭; over 60,000 affordable homes (保障房) delivered in total and over 17,000 affordable rental homes operated.
Government RMB 7.88bn on 115,502 m²; 60,000+ affordable homes delivered to dateA
Shanghai Lingang Holdings (临港控股)
2025 annual report: sales RMB 2,940.42 million on 131,200 m²; controlled by Lingang Group.
Government RMB 2.94bn on 131,200 m²A
Pudong Jinqiao (浦东金桥)
2025 annual report: sales RMB 1,523 million on 16,933.42 m²; RMB 4,068 million recognised on 79,265 m².
Government RMB 1.52bn on 16,933 m²A
China Jinmao (中國金茂)
2025 annual report: Shanghai residential parcels under development include Hongkou C080302 (76,310 m², 52%, due 2027), Baoshan Station Phase II (120,033 m², 26%) and Baoshan Miaohang (100,714 m², 40%); its Runyun Jinmao Palace villas in Taopu, Putuo, are described as top for Shanghai villa projects in 2025 by value, area and units. No Shanghai-only sales total is given.
Public company Shanghai land bank incl. Hongkou C080302 (76,310 m², 52%), Baoshan Miaohang (100,714 m², 40%)A
Shui On Land (瑞安房地產)
2025 annual report: property sales RMB 499 million in 2025; Lakeville VI (Lot 122, Xintiandi, 87,000 m² GFA) is a joint venture with Shanghai Yongye, and Yong Xin Li and Yong Nian Li are new projects in the Xintiandi area.
Public company RMB 499m property sales (all cities)A
6

Commercial landlords

The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.

Shanghai's office and retail stock is held by two kinds of owner: the city's and Pudong's state development companies (Lujiazui, Jinqiao) and listed Hong Kong developers (Sun Hung Kai, Shui On, China Jinmao, a Sinochem company). Each figure is from the owner's own 2025 (SHKP: 2023/24) annual report; they measure different things and are not ranked. 2025 was a weak office year: Lujiazui's report, citing CBRE and JLL, gives about 1.037 million m² of new Grade-A supply against 499,000 m² of net absorption, with average asking rent down 5.9% to RMB 7.9 per m² per day.

NameTypeHoldings (as each source states)
Shanghai Lujiazui Finance & Trade Zone Development Co. (陆家嘴)
2025 annual report: office property in operation (incl. parks) 2.73 million m², of which 2.47 million m² in Shanghai, chiefly on Century Avenue, Huamu and Qiantan, with 2025 additions in Zhangjiang and Chuansha; 36 Grade-A office buildings of about 2.42 million m²; main retail about 780,000 m². 62.20% owned by Lujiazui Group (Pudong SASAC).
Government 2.47 million m² of Shanghai office (incl. science parks); 780,000 m² retailA
Shui On Land (瑞安房地產), through Shui On Xintiandi
2025 annual report: Shui On Xintiandi oversees a portfolio of RMB 79 billion of office and retail premises in Shanghai; Shanghai is 80% of the RMB 97,702 million carrying value of the Group's investment properties (2.671 million m² GFA, all cities, including joint ventures and associates). Shanghai assets include Xintiandi, CPIC Xintiandi Commercial Centre (25%), Ruihong Xintiandi, Hongqiao Xintiandi, KIC, Panlong Xintiandi and Hong Shou Fang.
Public company RMB 79bn of Shanghai office and retail premises overseenA
Sun Hung Kai Properties (新鴻基地產)
Annual Report 2023/24, major completed Mainland investment properties, with land-use term expiry: Shanghai IFC complex (2055), Shanghai ICC / IAPM, 999 Middle Huaihai Road (2056), One ITC, Two ITC and Three ITC Tower A, Xujiahui (2054/2064), Shanghai Central Plaza (2044, 80%), Arcadia (2064). ITC Maison, about 2.6 million sq ft of retail, was then under construction.
Public company Shanghai IFC, Shanghai ICC/IAPM, One–Three ITC, Arcadia at 100%; Shanghai Central Plaza at 80%A
China Jinmao Holdings Group (中國金茂), controlled by Sinochem Holdings
2025 annual report: Jin Mao Tower (incl. Grand Hyatt) is listed among the group's major property investment projects at 292,475 m², 100%; the group also holds Hyatt Regency Chongming (48,992 m², 100%). Sinochem Holdings is the ultimate controlling shareholder.
Public company Jin Mao Tower 292,475 m² (100%)A
Shanghai Jinqiao Export Processing Zone Development Co. (浦东金桥)
2025 annual report: main in-operation projects total 3,099,864.84 m² GFA; leased property includes 917,521 m² of factories and warehouses, 246,677 m² of offices (New Jinqiao Tower, Biyun Mansion, LaLaport) and 147,887 m² of hotel and serviced apartments. Ultimate controller Pudong SASAC.
Government 3.10 million m² GFA in operation (factories, offices, housing, hotels)A
?

Looked for and not found

Claims this page would have made if a source could be opened. They are left out rather than guessed.

  • Note on HKEX: China Jinmao, Shui On Land and SHKP figures come from four PDFs fetched from HKEXnews by script before HKEX's terms were read. Those terms ban automated access and scraping on all HKEX websites. The facts are kept as single quoted statements; no further HKEX pages were fetched.
  • Register query fee: no official fee schedule for querying Shanghai's real-estate register was opened, so titleSearchFee is null.
  • Transaction granularity: no official page was opened that publishes individual Shanghai property sales with price and address. 'aggregate-only' rests on the statistics bureau totals quoted in listed-company reports. Land-use right auctions are announced parcel by parcel with the winning bidder and price, but that was not opened here.
  • Shanghai World Financial Center: the owning entity and its shareholders are not established. Mori Building developed it, but Mori is unlisted and its site's terms restrict reproduction and linking.
  • Shanghai Tower: Lujiazui's 45% and Chengtou's control are filed facts. Shanghai Construction Group's percentage is not stated (its holding is carried at fair value, RMB 203.9m). That the company owns the tower comes from Wikipedia.
  • Shanghai Land Group (上海地产集团), Shanghai Jiushi, China Railway (Shanghai Bureau) and Fudan University hold large amounts of land in the city, but none of them publishes an annual report that was found. No holdings figure is given for them.
  • The Bund: which entity holds the land-use rights of the individual heritage buildings (No. 12, the Peace Hotel, etc.) is not established.
  • SHKP figures are from its 2023/24 annual report. The 2024/25 and 2025/26 reports are on shkp.com and HKEXnews but were not opened.
§

Sources

  1. 不动产登记资料查询暂行办法 (Interim Measures for Querying Real-Estate Registration Records), MLR Order No. 80 of 2 March 2018, as amended 16 July 2019 — Articles 4, 19–25 — 上海市发展和改革委员会 (Shanghai Municipal Development and Reform Commission), document library copy · openA
  2. 中华人民共和国城镇国有土地使用权出让和转让暂行条例 (Interim Regulations on the Grant and Transfer of Urban State-owned Land-Use Rights), State Council Order No. 55 of 1990, revised 29 November 2020 — Articles 2, 12 — 上海市发展和改革委员会 (Shanghai Municipal Development and Reform Commission), document library copy · openA
  3. 上海陆家嘴金融贸易区开发股份有限公司 2025年年度报告 (Shanghai Lujiazui Finance & Trade Zone Development Co., 2025 annual report), SSE 600663 — CNINFO (巨潮资讯网), the CSRC-designated disclosure site · openA
  4. 上海建工 2025年年度报告 (Shanghai Construction Group, 2025 annual report), SSE 600170 — CNINFO (巨潮资讯网) · openA
  5. 上海城投控股股份有限公司 2025年年度报告 (Shanghai Chengtou Holding Co., 2025 annual report), SSE 600649 — CNINFO (巨潮资讯网) · openA
  6. China Jinmao Holdings Group — Announcement of results for the year ended 31 December 2025 (full text of the 2025 Annual Report), HKEX 00817 — HKEXnews · openA
  7. 东方明珠 2025年年度报告 (Oriental Pearl Group, 2025 annual report), SSE 600637 — CNINFO (巨潮资讯网) · openA
  8. Sun Hung Kai Properties — Annual Report 2023/24, Review of Operations: Mainland Property Business, HKEX 00016 — HKEXnews · openA
  9. Shui On Land — 2025 Annual Report, HKEX 00272 — HKEXnews · openA
  10. 上海机场 2025年年度报告 (Shanghai International Airport Co., 2025 annual report), SSE 600009 — CNINFO (巨潮资讯网) · openA
  11. 锦江酒店 2025年年报 (Jin Jiang Hotels, 2025 annual report), SSE 600754 — CNINFO (巨潮资讯网) · openA
  12. Shanghai World Financial Center — Wikipedia · openA
  13. Shanghai Tower — Wikipedia · openA
  14. The Bund — Wikipedia · openA
  15. 上港集团 2025年年度报告 (Shanghai International Port (Group), 2025 annual report), SSE 600018 — CNINFO (巨潮资讯网) · openA
  16. 浦东金桥 2025年年度报告 (Shanghai Jinqiao Export Processing Zone Development Co., 2025 annual report), SSE 600639 — CNINFO (巨潮资讯网) · openA
  17. 上海临港控股股份有限公司 2025年年度报告 (Shanghai Lingang Holdings, 2025 annual report), SSE 600848 — CNINFO (巨潮资讯网) · openA