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Chinese property tycoon faces payment demands on overdue loans, including $147 4m from UOB

The latest lawsuit from Nanyang Commercial Bank follows a separate demand by UOB in March. Read more at straitstimes.com.

City ofUnited kingdomHong kongCheung keiChen yao liChen hongtianCheung kei groupRepresentatives of nanyang commercial bankNanyang commercial bankCommercial bankHong kong basedHung homCanary wharf

Chinese Tycoon Chen Hongtian s Seized Hong Kong Condo Sold for $53 4 Million

Chinese Tycoon Chen Hongtian s Seized Hong Kong Condo Sold for $53 4 Million
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Hong kongFrank gehryChen hongtianChen yao liCommunications coCheung kei groupSavills plcOpus hong kongLand registryHong kong based

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.

Hong kongKwai sze hoiKwai tszChen yao liChen hongtianLi ka shingKwai kunHong ocean line port developmentCk asset holdingsOpus hong kongHong kong listed ocean line port development

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.

Hong kongChen hongtianChen yao liFrank gehrySwire propertiesCheung kei groupOpus hong kongHill roadOne harbourgate east towerOne harbourgate