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Chinese Tycoon Chen Hongtian's Seized Hong Kong Condo Sold for $53.4 Million bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
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. ....
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. ....