Chen Hongtian

New Business

Distressed property deals to rise this year as slump forces landlords, receivers to cut prices

Hong Kong is likely to see more distressed commercial properties snapped up by investors this year compared with 2024, as…

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New Business

Hong Kong property: rich and famous lose billions as they succumb to slumping home values

Hong Kong elites lost billions in property deals in 2024, as wealthy individuals facing liquidity challenges in a high-interest rate…

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New Business

Chen Hongtian saga: Hong Kong university pays US$334 million for tower in distress sale

One HarbourGate East Tower, a premium office building formerly owned by cash-strapped Chinese tycoon Chen Hongtian, has found a new…

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