Seized Hong Kong Peak Mansion Linked to China Evergrande Founder Sold at 40% Discount
Tuesday, 21 May 2024, 10:00
Seized Hong Kong Peak Mansion Sale
The sale of a luxury mansion in Hong Kong's Peak area has garnered attention due to its significant discount.
China Evergrande Founder Connection
The mansion and two adjacent homes were seized by creditors due to their association with China Evergrande founder Hui Ka-yan, a prominent figure in the real estate sector.
Discounted Price: The sold mansion went for US$58 million, reflecting a 40% discount from its original value.
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