Xiaomi Secures Shanghai Commercial Property for 1.55 Billion Yuan, Speculated as Site of Auto Business R&D Center
Chinese media outlet The Paper reported on Friday that according to its reporter’s inquiry on the website of the Shanghai Municipal Planning and Natural Resources Bureau, a piece of commercial office land was sold in the city’s Xuhui District on October 21. The deal was won by Mi Space SH Limited, with a transaction price of 1.55 billion yuan ($242.6 mi…
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