A landmark skyscraper owned by Hong Kong's richest man Li Ka-shing has sold for a record price of more than $5 billion, the company confirmed Wednesday, indicating the city's booming property sector shows no sign of slowing down.
The rumoured sale of The Center, the city's fifth-tallest building, was first reported last month.
Li's CK Asset Holdings confirmed in aRead more
A landmark skyscraper owned by Hong Kong’s richest man Li Ka-shing has sold for a record of more than HK$40.2 billion (US$5.15 billion), a report said Monday, indicating that the city’s booming property sector shows no sign of slowing down.
Li’s CK Asset sold its 75 percent stake in The Centre, which is located in the city’s bustling Central district,Read more
Li Ka-shing’s Cheung Kong Infrastructure on Monday offered Aus$7.3 billion (US$5.4 billion) for an Australian energy group, just months after his bid for the country's largest electricity network was blocked on security grounds.
The Hong Kong billionaire's unsolicited and conditional Aus$3 per share offer for the Duet Group, an energy utility asset owner, represented a near-28 percent premium on itsRead more