Friday, 11 April 2014

Top Hong Kong businessman sells $928 mn Beijing property

POLITICAL ECONOMY
Top Hong Kong businessman sells $928 mn Beijing property
Beijing (AFP) April 10, 2014 - A company led by top Hong Kong businessman Richard Li said it has sold a landmark Beijing property for more than $900 million, fuelling speculation about the motive for Chinese property sales by his family. Pacific Century Premium Developments (PCPD) - a firm chaired by Li, the younger son of Asia's richest man Li Ka-shing - signed an agreement Tuesday to sell Pacific Century Place for $92 ... more


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