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Biel Crystal founder Yeung Kin-man

Touchscreen Tycoon Acquires Kowloon Commercial Block at 62% Off 2014 Price

2024/09/24 by Kevin He Leave a Comment

Hong Kong billionaire Yeung Kin-man has acquired a Kowloon East commercial building formerly owned by the family of the late “Shop King” Tang Shing-bor, as the smartphone touchscreen tycoon continues to pick up discounted property assets amid the city’s property… Read More>>

Crystal Investment CEO Nick Lo

Hong Kong’s Crystal Investment Acquires Kowloon Buildings for Student Housing

2024/09/04 by Kevin He Leave a Comment

A unit of Hong Kong-based property developer and investor Crystal Investment has acquired a pair of buildings in Kowloon for student housing use, as the growing influx of mainland Chinese students boosts demand for private accommodation in the Asian financial… Read More>>

Stan Tang Stan Group

Receivers Marketing Seized Kowloon Buildings at 59% Off as Banks Lose Patience

2024/05/01 by Kevin He Leave a Comment

A pair of ageing buildings in Hong Kong’s Tsim Sha Tsui area have been seized from the family of the city’s late “Shop King” Tang Shing-bor and are being offered for sale at less than half of what the clan… Read More>>

Stan Tang Stan Group

Hong Kong’s Tang Family in Fresh Attempt at Kowloon East Hotel Sale

2023/12/04 by Kevin He Leave a Comment

The heirs of Hong Kong’s late “Shop King” Tang Shing-bor have put a Kowloon East hotel back on the market, in their latest move to wind down the family’s property portfolio after an ill-timed venture into the city’s hospitality sector… Read More>>

Stan Tang

Tang Shing-Bor Family Sells Two More Discounted Kowloon Assets

2023/02/21 by Mingtiandi Team Leave a Comment

The family of Hong Kong’s late “Shop King” Tang Shing-bor has sold a serviced apartment building in Kowloon for HK$88 million ($11.22 million), according to market sources, as the group continues to liquidate assets at steep discounts in the face… Read More>>

Donald Choi Chinachem

Hong Kong’s Chinachem Moves into Healthcare with $57M Acquisition

2022/08/31 by Christopher Caillavet Leave a Comment

Hong Kong developer Chinachem has agreed to pay HK$451.2 million ($57.5 million) for a majority stake in a Hong Kong-listed senior care provider as the company prepares to expand into healthcare and senior living.

Privately held Chinachem will acquire a… Read More>>

ivan ho kailong

Kailong Buying New Territories Industrial Building From Tang Family for Reported $55M

2022/08/04 by Pawara Laothamatas Leave a Comment

Fund manager Kailong Group has agreed to acquire ownership of 90 percent of the space in a New Territories industrial building from the family of Hong Kong’s late “Shop King” Tang Shing-bor, according to sources familiar with the deal.

Kailong… Read More>>

Stan Tang

Tang Family Reportedly Sells Kowloon Residential Building to K&K at $20M Loss

2022/07/04 by Pawara Laothamatas Leave a Comment

In their 18th asset sale over the last six months, the family of Hong Kong’s late “Shop King” Tang Shing Bor has sold a senior home in Kowloon City at a loss of HK$160 million ($20.3 million), according to local… Read More>>

Stan Tang

Tang Shing-Bor Family Sells Hong Kong Retail, Industrial Assets for Combined $24M

2022/06/02 by Pawara Laothamatas Leave a Comment

The family of Hong Kong’s late “Shop King” Tang Shing-Bor continues to market their holdings in the city, having completed at least three asset sales over the past two weeks, according to sources familiar with the transactions.

The family has… Read More>>

WEAVE LIVING CEO Sachin Doshi tb

Weave Paying $115M to Buy Third Hong Kong Hotel in 9 Months

2022/05/11 by Beatrice Laforga Leave a Comment

Weave Living, through a joint venture with global investor Angelo Gordon, has agreed to purchase a hotel in Hong Kong Island’s Western district for HK$900 million ($115 million) from a property firm controlled by William Cheng, the son-in-law of Henderson… Read More>>

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