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Chinese tycoon seeks to resolve mortgage defaults, recover assets worth US$127m

Chinese tycoon Chen Hongtian is in discussions with lenders to retrieve assets worth HK$10 billion (US$127 million) after a ‘short-term liquidity issue’… ....

Chen Hongtian , Reaking News ,

Tycoon Chen Hongtian blames 'short-term cash-flow disruption' for seizure of Hong Kong properties including Peak house

Chen Hongtian’s company, Cheung Kei Group, cites defaults on ‘several big-ticket accounts receivable’ and ‘abnormal obstacles’ for loss of control over assets including house on The Peak. ....

Chen Hongtian , Hill Road ,

Tycoon blames Hong Kong property seizures on 'short-term cash-flow disruption'

Chen Hongtian’s company, Cheung Kei Group, cites defaults on ‘several big-ticket accounts receivable’ and ‘abnormal obstacles’ for loss of control over assets… ....

Chen Hongtian , Cheung Kei Group , Reaking News ,