hongkong chinese makes $195m investment in fund Investment and financial services firm Hongkong Chinese has invested about $195 million in Mauritius-based Ferrell Real Estate Investment Fund, which aims to achieve returns of 20 per cent to 25 per cent from investments in quality properties. Hongkong Chinese said the investment amount exceeded 5 per cent but was less than 25 per cent of its market capitalisation. The investment is equal to a 47 per cent equity interest of the open-ended real estate fund. cheung kong takes $36m in weekend flats sales Cheung Kong (Holdings) sold 12 units in its Caribbean Coast development in Tung Chung over the weekend, taking in $36 million. The developer sold the units at between $2,900 and $3,400 per square foot. The units measure between 735 sq ft and 1,228 sq ft and are located on 15th to 47th floors of block 9.