{"id":108010,"date":"2019-06-12T07:00:23","date_gmt":"2019-06-12T00:00:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/family-office-of-shop-king-tang-shing-bor-wants-to-use-blockchain-to-tokenise-real-estate-holdings\/"},"modified":"2019-06-12T08:03:47","modified_gmt":"2019-06-12T01:03:47","slug":"family-office-of-shop-king-tang-shing-bor-wants-to-use-blockchain-to-tokenise-real-estate-holdings","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/family-office-of-shop-king-tang-shing-bor-wants-to-use-blockchain-to-tokenise-real-estate-holdings\/","title":{"rendered":"Family office of \u2018shop king\u2019 Tang Shing-bor wants to use blockchain to \u2018tokenise\u2019 real estate holdings"},"content":{"rendered":"<p>&#013;<br \/>\nThe Stan Group, the family-owned office that represents the assets of \u201cshop king\u201d Tang Shing-bor, will meet with Hong Kong\u2019s securities watchdog early next year to seek approval to sell tokenised real estate using blockchain technology.If approved, the application would reflect the first time the Securities and Futures Commission (SFC) has permitted the use of tokens to legally trade in Hong Kong with real estate as the underlying asset.The proposed token scheme comes as a chill has descended\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/3014058\/family-office-shop-king-tang-shing-bor-wants-use\" target=\"_blank\">Family office of \u2018shop king\u2019 Tang Shing-bor wants to use blockchain to \u2018tokenise\u2019 real estate holdings<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The Stan Group, the family-owned office that represents the assets of \u201cshop king\u201d Tang Shing-bor,&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-108010","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-s66","jetpack-related-posts":[{"id":118421,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shop-king-tang-shing-bor-reaches-settlement-on-unpaid-rent-of-us1-5-million-for-hotel-property\/","url_meta":{"origin":108010,"position":0},"title":"Hong Kong \u2018shop king\u2019 Tang Shing-bor reaches settlement on unpaid rent of US$1.5 million for hotel property","date":"September 1, 2020","format":false,"excerpt":"\r Billionaire Tang Shing-bor, Hong Kong\u2019s \u201cshop king\u201d, has swiftly settled a court case brought against him over unpaid rent of nearly HK$12 million (US$1.5 million) for a hotel property in Tsim Sha Tsui.The settlement comes amid market speculation that the tycoon is under financial stress after the Tang family\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140592,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shop-king-tang-shing-bors-family-to-raise-us310-million-by-selling-assets-including-a-hotel-at-a-28-discount\/","url_meta":{"origin":108010,"position":1},"title":"Hong Kong \u2018Shop King\u2019 Tang Shing-bor\u2019s family to raise US$310 million by selling assets including a hotel at a 28% discount","date":"December 5, 2023","format":false,"excerpt":"\r The family of late \u201cShop King\u201d Tang Shing-bor is raising HK$2.4 billion (US$310 million) by selling a hotel and a majority stake in an East Kowloon industrial building, continuing an asset selling campaign which began at the height of the Covid-19 pandemic in 2020.\r \r Source : South China\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/veteran-hong-kong-investors-take-advantage-of-recovery-in-non-residential-property-sector-to-exit-holdings\/","url_meta":{"origin":108010,"position":2},"title":"Veteran Hong Kong investors take advantage of recovery in non-residential property sector to exit holdings","date":"September 28, 2021","format":false,"excerpt":"\r Veteran Hong Kong property investors with large portfolios are taking advantage of a recovery in the non-residential market to exit holdings bought decades ago, either for debt reduction or profit taking.The family of Tang Shing-bor, who died in May and was known as the \u201cshop king\u201d, is selling 39\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63120,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stan-tang-son-of-hong-kongs-retail-king-splashing-out-on-hotels-flats-and-more-shops\/","url_meta":{"origin":108010,"position":3},"title":"Stan Tang, son of Hong Kong\u2019s retail \u2018king\u2019, splashing out on hotels, flats and more shops","date":"August 8, 2017","format":false,"excerpt":"\r Tang Shing-bor, who has built up a HK$10 billion investment portfolio this year alone, is aiming to become one of Hong Kong\u2019s top five hoteliers, at a time when his likely competitors are opting to convert their properties into office space amid declining tourist arrivals from the mainland. Tang\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78169,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-industrial-buildings-worth-a-closer-look-real-estate-professionals-say\/","url_meta":{"origin":108010,"position":4},"title":"Hong Kong\u2019s industrial buildings worth a closer look, real estate professionals say","date":"January 28, 2018","format":false,"excerpt":"\r Property investors seeking an alternative approach amid high valuations have begun to focus on industrial buildings because of their relatively low prices and upbeat growth potential. Industrial buildings in remote locations such as Tuen Mun are good bets, where properties of only HK$2,000 to HK$3,000 per square foot (US$255.87\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developer-jiayuan-says-hong-kong-micro-flats-profitable-despite-price-cuts-reports-23-per-cent-rise-in-interim-profit\/","url_meta":{"origin":108010,"position":5},"title":"Mainland Chinese developer Jiayuan says Hong Kong micro flats profitable despite price cuts, reports 23 per cent rise in interim profit","date":"August 27, 2019","format":false,"excerpt":"\r The mainland Chinese property developer behind Hong Kong\u2019s smallest micro flats ever \u2013 smaller than a car park at 128 sq ft \u2013 said the development was profitable even after it cut prices by as much as 38 per cent to as low as HK$1.73 million (US$220,514) per unit\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108010"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=108010"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108010\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}