House owned by property tycoon burgled
A luxurious Repulse Bay home that is registered to a company of property tycoon Cheung Chung-kiu was burgled early yesterday morning.
Cheung, chairman of Yugang International and C.C. Land Holdings, is a major landlord of Belleview Place, which has a total of 15 houses.
One of the homes was broken into through a window, and a copper Buddha statue, some jewellery and a mobile phone with a total estimated value of HK$15,000 were taken.
'A Filipino maid woke up the next day and found that the house had been ransacked,' a police officer said.
The maid's boss was not home when the burglary occurred. The officer said the occupant, who returned after learning that his house had been burgled, was not Cheung.
Police did not know how many intruders were involved but believe that entry was gained from a hillside behind the property.
'We believe that there is nothing wrong with the security. It was possible to gain access mainly because the hill was quite close to the house. It was easy to climb over the wall from the hill,' the officer said.
Police found some marks on a window but no tools were left behind. Officers searched the hill with dogs but could not locate a suspect.
The Land Registry shows that the house is owned by Cresswell Limited, which acquired it in 1988 for HK$156 million. It had been sold to Sonic Way Limited at least four times from 2004 to 2006, but all the sales agreements were later cancelled.
Cresswell's company registry shows its directors are Cheung, Yuen Wing-shing and Zhang Qingxin.