State-owned “bad bank” China Cinda Asset Management has been revealed as the buyer of a hotel in Hong Kong’s Tsim Sha Tsui area, spending HK$4.3 billion ($550 million) on the asset despite a 70 percent slump in hotel investment during… Read More>>
State-owned “bad bank” China Cinda Asset Management has been revealed as the buyer of a hotel in Hong Kong's Tsim Sha … Read more>>>