Opus Hong Kong – Charm

Ex-Hong Kong stock exchange CEO buys luxury Kai Tak flat for US$5.92 million

Cs news1 day ago03 mins

Francis Yuen Tin-fan, former CEO of Hong Kong’s stock exchange operator, and his wife spent HK$46.5 million (US$5.92 million) on a luxury flat in Kai Tak, adding to a string of transactions that they have made in the city over the past decade. Yuen and Rose Lee Wai-mun bought a 1,298 sq ft four-bedroom unit…

Why rate cuts won’t save cash-strapped Hong Kong tycoons and their luxury properties

Cs news10 months ago04 mins

In the first of a two-part series, Salina Li, Aileen Chuang and Jiaxing Li explore the effects of high interest rates on the city’s tycoons and their trophy real-estate holdings. In the rarefied air up on The Peak, the owner of the penthouse in the Opus Hong Kong development – which has been called the…