Mainland Chinese investor snaps up Hong Kong luxury home for US$22 million
Mid-Levels West deal highlights continued strong demand for Hong Kong’s trophy homes, driven largely by mainland Chinese buyers
Xu Hanjiang on January 2 acquired Unit A on the second floor of High Peak, a low-density luxury development at No 23 Po Shan Road, records showed.
The four-bedroom unit came with a private lift lobby and a balcony, according to the Land Registry. With a saleable area of 4,049 sq ft, the transaction worked out to about HK$41,986 per square foot.
Xu was listed as a director of Go Capital Limited, a Hong Kong-incorporated private company, according to records from the Companies Registry. He was appointed in 2010 and had listed the firm’s registered address at Convention Plaza in Wan Chai.
Companies Registry records also showed Xu held directorships in several other Hong Kong-registered companies, some of which had since been dissolved. These included Go Capital & EOC Consulting, which shared the same registered address as Go Capital Limited.
Xu, also known as Perry Xu, was the founder and managing partner of Go Capital & EOC Consulting, a China-Israel investment platform, according to the company’s website. The firm described itself as a strategic investor in Israeli high-technology companies, focusing on life sciences, digital and 3D printing, cybersecurity and artificial intelligence. Go Capital did not respond to a request for comment.