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Is Jack Ma investing in Haihua Island?

It’s not that Evergrande Real Estate Group invested more than 160 billion yuan to build a style hotel area, food and culture street, seven-star hotel, wetland park, film and television media base, ecological recreation park, marine paradise, beach swimming pool, and yacht on Haihua Island

It is a tourism and leisure island with the theme of meetings and events, integrating mass entertainment, business exchanges, club membership sports, and leisure vacations.