{"id":140592,"date":"2023-12-05T16:53:33","date_gmt":"2023-12-05T09:53:33","guid":{"rendered":"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\/"},"modified":"2023-12-05T16:59:26","modified_gmt":"2023-12-05T09:59:26","slug":"hong-kong-shop-king-tang-shing-bors-family-to-raise-us310-million-by-selling-assets-including-a-hotel-at-a-28-discount","status":"publish","type":"post","link":"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\/","title":{"rendered":"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"},"content":{"rendered":"


\nThe 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.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong \u2018Shop King\u2019 Tang Shing-bor\u2019s family to raise US0 million by selling assets including a hotel at a 28% discount<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The family of late \u201cShop King\u201d Tang Shing-bor is raising HK$2.4 billion (US$310 million) by...<\/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-140592","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-AzC","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":140592,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108010,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/family-office-of-shop-king-tang-shing-bor-wants-to-use-blockchain-to-tokenise-real-estate-holdings\/","url_meta":{"origin":140592,"position":1},"title":"Family office of \u2018shop king\u2019 Tang Shing-bor wants to use blockchain to \u2018tokenise\u2019 real estate holdings","date":"June 12, 2019","format":false,"excerpt":"\r The 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\u2026","rel":"","context":"In "Property News"","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":140592,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-sells-the-center-in-us5-15-billion-record-deal-to-trim-his-flagships-hong-kong-assets\/","url_meta":{"origin":140592,"position":3},"title":"Li Ka-shing sells The Center in US$5.15 billion record deal to trim his flagship\u2019s Hong Kong assets","date":"November 1, 2017","format":false,"excerpt":"\r Li Ka-shing, Hong Kong\u2019s wealthiest tycoon and chairman of CK Asset Holdings, has parted ways with the tallest building in his property portfolio, selling The Center tower for a record HK$40.2 billion (US$5.15 billion) to a consortium comprising the city\u2019s investors and buyers from mainland China, marking the most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23721,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheung-kong-puts-the-center-up-for-sale-as-li-ka-shing-trims-hong-kong-assets\/","url_meta":{"origin":140592,"position":4},"title":"Cheung Kong puts The Center up for sale as Li Ka-shing trims Hong Kong assets","date":"August 23, 2016","format":false,"excerpt":"\r Hong Kong\u2019s wealthiest man is putting his tallest building in the city up for sale, garnering bids from several Chinese buyers that point to the increasing trend of mainland companies with deep pockets snapping up local assets.\r \r Source : South China Morning Post\r Read more...Cheung Kong puts The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8336,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-hopes-to-raise-payout-for-cheung-kong-property-this-year\/","url_meta":{"origin":140592,"position":5},"title":"Li Ka-shing hopes to raise payout for Cheung Kong Property this year","date":"March 17, 2016","format":false,"excerpt":"\r Tycoon Li Ka-shing says he hopes to raise dividend payout for Cheung Kong Property Holdings this year after Hong Kong\u2019s second-largest developer saw underlying profit grow 29 per cent year on year in 2015.\r \r Source : South China Morning Post\r Read more...Li Ka-shing hopes to raise payout for\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\/140592"}],"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=140592"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140592\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}