Hui Wing-mau, the chairman of Shanghai-based Shimao Property Holdings, has said his purchase of a stake in The Center, the world’s most expensive office building, will not be affected by a tightening in the mainland credit policy for overseas acquisitions.
“I’m a Hong Kong resident and have lived here for 40 years. My money is here and will not be affected [by the credit tightening],” he said in his first public comments – confirming an earlier report by the…
Source : South China Morning Post
Read more…China credit tightening won’t affect stake in HK billion The Center, says Shimao’s Hui Wing-mau
