Hong Kong property

The Center, right, in Hong Kong’s downtown Central district, has 1.2 million square feet of office space, 13,000 square feet of retail space and 402 car parking lots. Photo: Felix Wong

Tycoon says China credit squeeze won’t impact The Center stake

Hui Wing-mau, the chairman of Shanghai-based Shimao Property Holdings, has said his purchase of a stake in The Center, the world’s most expensive office building, will not be affected by a tightening in the mainland credit policy for overseas acquisitions.