Hong Kong shipping baron’s nephew buys US$9.6 million flat in Repulse Bay
A nephew of the late Hong Kong shipping tycoon Y.K. Pao has bought a HK$75 million (US$9.6 million) luxury flat in Repulse Bay, continuing a trend among the city’s wealthy buyers who have been snapping up high-end homes in recent months. Crosspark Limited, an entity linked to Raymond Pao Lun-kwok, bought the 2,491 sq ft,…