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Chinese tycoon Chen Hongtian s seized luxury Hong Kong flat sells for US$53 million, 39% below market price

A 5,154 sq ft flat in Opus Hong Kong, seized from Chen Hongtian earlier this year, has sold for US$53 million to Kwai Sze Hoi, chairman of Hong Kong-listed Ocean Line Port Development, sources say.

Tycoon Chen Hongtian s seized US$86 7 million Frank Gehry-designed Hong Kong flat sells at 38% discount

Receivers have sold Chen Hongtian’s 5,154 sq ft flat in a Frank Gehry-designed development at a discount of 38 per cent after it was seized in February.

Tycoon s seized US$86 7 million Hong Kong flat sells at 38% discount

A personalised news feed of stories that matter to you Get more with my NEWS Receivers for a HK$680 million (US$86.7 million) Mid-Levels flat have sold the…

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