Li Ka-shing’s CK Asset Holdings may be eyeing a “shortcut” to bulk up its land bank in Hong Kong by leveraging its ties with Goldin Financial Holdings, according to some market analysts.The possibility became a bit clearer after the conglomerate sent a top lieutenant, Gerald Ma Lai-chee, to offer financial and restructuring advice to the debt-stricken developer on Thursday to help alleviate a HK$18.5 billion (US$2.4 billion) debt burden.CK Asset may be eyeing both Goldin’s well-publicised…
Source : South China Morning Post
Read more…CK Asset may be eyeing a shortcut to replenish land bank with its role in Goldin restructuring, analysts say
