{"id":110026,"date":"2019-08-20T06:00:09","date_gmt":"2019-08-19T23:00:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/some-chinese-investors-suffer-big-losses-after-panicking-and-dumping-property-investments-in-hong-kong\/"},"modified":"2019-08-20T07:03:05","modified_gmt":"2019-08-20T00:03:05","slug":"some-chinese-investors-suffer-big-losses-after-panicking-and-dumping-property-investments-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/some-chinese-investors-suffer-big-losses-after-panicking-and-dumping-property-investments-in-hong-kong\/","title":{"rendered":"Some Chinese investors suffer big losses after panicking and dumping property investments in Hong Kong"},"content":{"rendered":"


\nSome mainland Chinese investors who bought properties in Hong Kong at high prices several years ago have panicked amid souring sentiment and sold at big losses of up to HK$8.2 million.For instance, Xiao Yonghong and Sun Darui, the younger sister and brother-in-law of missing Chinese billionaire Xiao Jianhua \u2013 founder of the troubled Tomorrow Group \u2013 offloaded a 337 square foot retail unit at Causeway Place shopping centre for HK$18 million (US$2.29 million), incurring a loss of HK$8.23 million\u2026
\n
\nSource : South China Morning Post
\nRead more…Some Chinese investors suffer big losses after panicking and dumping property investments in Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some mainland Chinese investors who bought properties in Hong Kong at high prices several years...<\/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-110026","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-sCC","jetpack-related-posts":[{"id":105191,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-hong-kong-listed-chinese-developers-disappoint-investors-as-earnings-miss-estimates\/","url_meta":{"origin":110026,"position":0},"title":"Three Hong Kong-listed Chinese developers disappoint investors as earnings miss estimates","date":"March 20, 2019","format":false,"excerpt":"\r Three Hong Kong-listed Chinese developers that released their 2018 results on Wednesday missed expectations because of lower-than-expected revenue booking.China Overseas Land & Investment (COLI), the second-largest Hong Kong-traded Chinese developer by market capitalisation, posted an 8.3 per cent increase in core profit while revenue grew just 3.25 per cent.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/commercial-real-estate-deals-soar-in-hong-kong-as-easy-loans-prompt-buyers-to-snap-up-offices-shops-and-even-car-parking-bays\/","url_meta":{"origin":110026,"position":1},"title":"Commercial real estate deals soar in Hong Kong as easy loans prompt buyers to snap up offices, shops and even car parking bays","date":"August 26, 2021","format":false,"excerpt":"\r Non-residential real estate investments into Hong Kong have soared this year, as mainland Chinese and foreign investors snapped up industrial buildings, shops, serviced apartments and car parking bays in the city.Purchases by foreigners and Chinese investors soared to a two-year high of HK$17.3 billion (US$2.2 billion) in the eight\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-probing-overseas-property-scams-that-cost-buyers-hk500m-in-losses\/","url_meta":{"origin":110026,"position":2},"title":"Hong Kong probing overseas property scams that cost buyers HK$500m in losses","date":"March 14, 2017","format":false,"excerpt":"\r Hong Kong police and the securities regulator are looking into overseas property projects that have gone into default, costing investors as much as HK$500 million in losses, according to a Hong Kong lawmaker. Legislative Council member James To Kun-sun, who has been receiving complaints concerning overseas real estate investments,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-need-to-worry-hk-minister-tells-land-lessees\/","url_meta":{"origin":110026,"position":3},"title":"No need to worry, HK minister tells land lessees","date":"September 19, 2016","format":false,"excerpt":"\r Leases are not the only things to worry about come 2047\u2026 Protesters occupy the road in Admiralty, Hong Kong in September 2014 at the height of the \u2018Umbrella Revolution.\u2019 coloursinmylife \/ Shutterstock.com A government official has sought to allay developers\u2019 fears that leased lands granted by the British Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93463,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-investment-in-hong-kong-office-buildings-hits-new-high-in-first-half\/","url_meta":{"origin":110026,"position":4},"title":"Mainland Chinese investment in Hong Kong office buildings hits new high in first half","date":"July 6, 2018","format":false,"excerpt":"\r Mainland Chinese investment in commercial property in Hong Kong rose to a new high in the first half of this year, propelled by several high-profile purchases of office towers. A total of 15 sales of commercial properties worth a total of HK$31 billion (US$3.9 billion) were completed by mainland\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118287,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-economic-slump-force-mainland-chinese-owners-to-dump-their-luxury-hong-kong-properties-at-steep-losses\/","url_meta":{"origin":110026,"position":5},"title":"Coronavirus, economic slump force mainland Chinese owners to dump their luxury Hong Kong properties at steep losses","date":"August 19, 2020","format":false,"excerpt":"\r Some heavily indebted mainland Chinese owners have been forced to sell their luxury apartments in Hong Kong at huge losses or discounts, as the economic slump at home takes a toll and a fresh wave of coronavirus makes them question the wisdom of holding on to the assets in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110026"}],"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=110026"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110026\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}