{"id":158339,"date":"2025-07-29T15:12:07","date_gmt":"2025-07-29T08:12:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/meitus-investor-buys-2nd-hong-kong-tower-in-3-months-at-discount\/"},"modified":"2025-07-29T19:01:36","modified_gmt":"2025-07-29T12:01:36","slug":"meitus-investor-buys-2nd-hong-kong-tower-in-3-months-at-discount","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/meitus-investor-buys-2nd-hong-kong-tower-in-3-months-at-discount\/","title":{"rendered":"Meitu\u2019s investor buys 2nd Hong Kong tower in 3 months at discount"},"content":{"rendered":"


\nMike Cai Wensheng, the co-founder of the Chinese selfie app Meitu, has bought a redevelopment site in the heart of Hong Kong\u2019s Causeway Bay shopping district, picking up his second property in three months as shops and offices are going for discounts amid the city\u2019s supply glut.
\nCai paid HK$750 million (US$95.5 million) for a site measuring 5,388 sq ft (500 square metres) at 20-28 Cannon Street, formerly known as Sun On Mansion. The transaction for the commercial site, located between Jaffe Road…
\n
\nSource : South China Morning Post
\nRead more…Meitu\u2019s investor buys 2nd Hong Kong tower in 3 months at discount<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mike Cai Wensheng, the co-founder of the Chinese selfie app Meitu, has bought a redevelopment...<\/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-158339","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-FbR","jetpack-related-posts":[{"id":61970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-oyster-sauce-company-buys-londons-walkie-talkie-tower-for-1-3bn\/","url_meta":{"origin":158339,"position":0},"title":"Hong Kong oyster sauce company buys London\u2019s \u201cWalkie Talkie\u201d tower for \u00a31.3bn","date":"July 27, 2017","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Hong Kong oyster sauce company buys London\u2019s \u201cWalkie Talkie\u201d tower for \u00a31.3bn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/innovation-platform-buys-hong-kong-office-tower-as-state-linked-buyers-seek-bargains\/","url_meta":{"origin":158339,"position":1},"title":"Innovation platform buys Hong Kong office tower as state-linked buyers seek bargains","date":"August 5, 2026","format":false,"excerpt":"\r The acquisition of a Hong Kong office tower by an innovation platform backed by Ningbo\u2019s city government has reinforced analysts\u2019 expectations that mainland government-linked institutions could play a bigger role in the city\u2019s commercial property market, where prices remain depressed. Land Registry records show Yonggang Science and Technology Innovation\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/late-casino-tycoon-fu-tak-iams-family-buys-hong-kong-serviced-flats-for-us71-million\/","url_meta":{"origin":158339,"position":2},"title":"Late casino tycoon Fu Tak-iam\u2019s family buys Hong Kong serviced flats for US$71 million","date":"December 11, 2025","format":false,"excerpt":"\r A company linked to the family of late Macau casino pioneer Fu Tak-iam bought a serviced-apartment property in Hong Kong\u2019s Wan Chai district for about HK$550 million (US$71 million) amid renewed investor appetite for rental assets in the city. Pleasure Properties was identified as the buyer of CHI 138,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127627,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-resources-buys-into-hq-of-struggling-hong-kong-cosmetic-retailer-bonjour-holdings-via-joint-venture-for-us114-7-million\/","url_meta":{"origin":158339,"position":3},"title":"China Resources buys into HQ of struggling Hong Kong cosmetic retailer Bonjour Holdings via joint venture for US$114.7 million","date":"July 8, 2022","format":false,"excerpt":"\r A joint venture owned by CR Capital and a unit of Bonjour Holdings buys Bonjour Tower in Tsuen Wan, as the state-owned conglomerate moves to snap up more Hong Kong assets.\r \r Source : South China Morning Post\r Read more...China Resources buys into HQ of struggling Hong Kong cosmetic\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-businessman-peter-laws-daughter-buys-us46-million-mid-levels-flat\/","url_meta":{"origin":158339,"position":4},"title":"Hong Kong businessman Peter Law\u2019s daughter buys US$46 million Mid-Levels flat","date":"October 31, 2025","format":false,"excerpt":"\r The daughter of prominent Hong Kong businessman Peter Law Kin-sang has bought a luxury flat in Mid-Levels West following his sale of a Peak mansion in the city\u2019s most expensive property transaction this year. Winnie Law Wing-yin acquired a 4,710 sq ft (438 square metres) flat in tower two,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158337,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/law-society-buys-26th-floor-of-the-center-at-half-price-amid-bargains\/","url_meta":{"origin":158339,"position":5},"title":"Law Society buys 26th floor of The Center at half price amid bargains","date":"July 29, 2025","format":false,"excerpt":"\r The Law Society of Hong Kong has bought an entire floor of offices in what was formerly the world\u2019s most expensive tower at a 50 per cent discount, the latest among astute investors who are picking up property in the city at bargain prices. The Law Society paid HK$345\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\/158339"}],"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=158339"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/158339\/revisions"}],"predecessor-version":[{"id":158340,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/158339\/revisions\/158340"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=158339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=158339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=158339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}