Joseph Lau Luen-hung (centre) his wife Chan Hoi-wan and daughter leave China Evergrande Centre in Wan Chai on March 2. Photo: Edward Wong

Chinese Estates sells bank stake to ex-chairman’s wife, may pay special dividend

The developer is selling a 9.96 per cent controlling stake in Shengjing Bank to the wife of its former chairman, part of the programme by ailing magnate Joseph Lau to distribute his fortunes

Topic |   Hong Kong property

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Joseph Lau Luen-hung (centre) his wife Chan Hoi-wan and daughter leave China Evergrande Centre in Wan Chai on March 2. Photo: Edward Wong
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