Chinese Estates CEO, sister sell retail shops in Hong Kong amid market stress

Quick Summary:

Chan Hoi-wan and her sister lowered their asking price by 7 per cent to close the deal for the Hong Kong retail shops on March 18.

Since the market peaked in November 2018, prices had declined by 37 per cent as of the end of last year, according to data compiled by the department.

The buyers were not identified.

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Article Details

Author / Journalist: Salina Li

Category: Business

Markets: Hong Kong

Topics: Cent Shops Chan Properties Chinese Million According Year Private Hoi-wan Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 18:04:32 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 247 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27171044

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