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Cheung Kei Group

Plagued by what he has called “short-term liquidity issues” at Cheung Kei, which acquires and operates real estate assets globally, Chen Hongtian has lost at least US$1.4 billion worth of properties to creditors, both in Hong Kong and London.

Global Enterprise

Chinese property tycoon faces payment demands on overdue loans

A CHINESE tycoon who had snapped up mansions and offices in Hong Kong and London faces demands from banks to repay more than US$200 million of loans for which he and his family had provided personal g...

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