Chinese tycoon Chen Hongtian is in discussions with lenders to retrieve assets worth HK$10 billion (US$1.27 billion) after a ‘short-term liquidity issue’ forced him to miss mortgage payments.
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asiabusinessalert.com > Real Estate > Chinese tycoon Chen Hongtian in talks with banks to resolve ‘mild’ mortgage defaults on Hong Kong property worth US$1.27 billion
Chinese tycoon Chen Hongtian in talks with banks to resolve ‘mild’ mortgage defaults on Hong Kong property worth US$1.27 billion
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