A luxury house on The Peak in Hong Kong has reportedly been sold by creditors of the bankrupt Chinese conglomerate HNA Group at a loss of some HK$120 million (US$15.4 million).House 6 at Twelve Peaks in the exclusive neighbourhood was sold to Guo Deying, who shares the same name as the founder of Coolpad Group, for HK$387 million two weeks ago, according to HK01, a local online news portal.The details were confirmed by several property agents approached by the Post.The price was 23.5 per cent…
Source : South China Morning Post
Read more…Luxury house on The Peak formerly owned by bankrupt HNA Group sells at a loss of US.4 million















