{"id":137170,"date":"2023-05-30T11:07:56","date_gmt":"2023-05-30T04:07:56","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-tycoon-chen-hongtians-embattled-cheung-kei-group-to-sell-equity-in-offshore-assets-to-overcome-cash-crunch\/"},"modified":"2023-05-30T11:16:05","modified_gmt":"2023-05-30T04:16:05","slug":"chinese-tycoon-chen-hongtians-embattled-cheung-kei-group-to-sell-equity-in-offshore-assets-to-overcome-cash-crunch","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-tycoon-chen-hongtians-embattled-cheung-kei-group-to-sell-equity-in-offshore-assets-to-overcome-cash-crunch\/","title":{"rendered":"Chinese tycoon Chen Hongtian\u2019s embattled Cheung Kei Group to sell equity in offshore assets to overcome cash crunch"},"content":{"rendered":"<p>&#013;<br \/>\nCheung Kei Group plans to offload equity in two properties located in Canary Wharf, London to help mitigate its cash flow problems and said its asset quality was high and debt ratios low relative to its peers.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3222273\/chinese-tycoon-chen-hongtians-embattled-cheung-kei-group-sell-equity-offshore-assets-overcome-cash?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Chinese tycoon Chen Hongtian\u2019s embattled Cheung Kei Group to sell equity in offshore assets to overcome cash crunch<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Cheung Kei Group plans to offload equity in two properties located in Canary Wharf, London&#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-137170","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-zGq","jetpack-related-posts":[{"id":61284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/owner-of-hong-kongs-priciest-home-completes-us530m-purchase-of-canary-wharf-office\/","url_meta":{"origin":137170,"position":0},"title":"Owner of Hong Kong\u2019s priciest home completes US$530m purchase of Canary Wharf office","date":"July 20, 2017","format":false,"excerpt":"\r Cheung Kei Group, the property developer owned by the owner of Hong Kong\u2019s most expensive home, has completed its \u00a3410 million (US$530 million) purchase of a landmark 12-story office building in London\u2019s Canary Wharf, in the biggest real estate sale in the city\u2019s key financial district since 2014. After\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-group-buys-former-london-home-of-bear-stearns\/","url_meta":{"origin":137170,"position":1},"title":"Chinese property group buys former London home of Bear Stearns","date":"December 6, 2017","format":false,"excerpt":"\r Cheung Kei Group pays \u00a3270m for its second Canary Wharf tower in six months\r \r Source : ft.com\r Read more...Chinese property group buys former London home of Bear Stearns","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-buyer-of-hong-kongs-most-expensive-home-strikes-again-this-time-in-kowloon\/","url_meta":{"origin":137170,"position":2},"title":"The buyer of Hong Kong\u2019s most expensive home strikes again \u2014 this time in Kowloon","date":"July 18, 2016","format":false,"excerpt":"\r Cheung Kei Group, the mainland Chinese conglomerate which last month spent HK$2.1 billion on a house on the Peak, said on Monday it agreed to buy an office tower in Hong Kong\u2019s Kowloon district for HK$4.5 billion.\r \r Source : South China Morning Post\r Read more...The buyer of Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20144,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hk4-5-billion-for-a-kowloon-office-tower-the-buyer-of-hong-kongs-most-expensive-home-strikes-again\/","url_meta":{"origin":137170,"position":3},"title":"HK$4.5 billion for a Kowloon office tower? The buyer of Hong Kong\u2019s most expensive home strikes again","date":"July 18, 2016","format":false,"excerpt":"\r Cheung Kei Group, the mainland Chinese conglomerate which last month spent HK$2.1 billion on a house on the Peak, said on Monday it agreed to buy an office tower in Hong Kong\u2019s Kowloon district for HK$4.5 billion.\r \r Source : South China Morning Post\r Read more...HK.5 billion for a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-tycoon-gets-go-ahead-to-build-vast-central-london-palace\/","url_meta":{"origin":137170,"position":4},"title":"Chinese tycoon gets go-ahead to build vast central London \u2018palace\u2019","date":"July 22, 2021","format":false,"excerpt":"\r Westminster council unable to block Cheung Chung-kiu\u2019s grand plans for Knightsbridge property despite ban on \u201cMonopoly board-style\u201d homesA Chinese billionaire has been granted planning permission to construct an eight-storey, 5,760-sq metre (62,000-sq-ft) private palace overlooking Hyde Park, central London.Westminster city council granted Cheung Chung-kiu, a Hong Kong-based property tycoon,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113538,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-mansion-bought-for-record-price-by-chinese-tycoon\/","url_meta":{"origin":137170,"position":5},"title":"London mansion bought for record price by Chinese tycoon","date":"January 10, 2020","format":false,"excerpt":"\r Cheung Chung-kiu pays more than \u00a3200m for 45-bedroom Knightsbridge block\r \r Source : ft.com\r Read more...London mansion bought for record price by Chinese tycoon","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\/137170"}],"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=137170"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137170\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}