HK ponders Disneyland stake
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According to International Herald Tribune, Hong Kong’s Apple Daily newspaper reported that the local government, instead of providing fresh cash, is inclined to give the park more land, or sell down its stake in Hong Kong Disneyland for cash to reinvest in the park.
The Hong Kong government holds a 57% stake in the park, which is the only park in Disney’s portfolio that includes a government entity as an investor.
The park opened in September 2005 and drew five million visitors in its first year but fell short of its original projection of 5.6 million visitors.
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