A shop in Causeway Place, in Causeway Bay district, was sold on Thursday for a massive loss. Photo: Shutterstock Images A shop in Causeway Place, in Causeway Bay district, was sold on Thursday for a massive loss. Photo: Shutterstock Images
A shop in Causeway Place, in Causeway Bay district, was sold on Thursday for a massive loss. Photo: Shutterstock Images
Property /  Hong Kong & China

Missing tycoon Xiao Jianhua’s relatives sell Causeway Bay shop for a massive 31 per cent loss

  • Unit in Causeway Place shopping centre was owned by the Chinese billionaire’s sister and brother-in-law
  • Shop bought in 2013 for HK$26.23 million was sold on Thursday for a loss of HK$8.23 million

Topic |   Hong Kong property
Lam Ka-sing
Lam Ka-sing

Updated: 9:08am, 17 Aug, 2019

Why you can trust SCMP
A shop in Causeway Place, in Causeway Bay district, was sold on Thursday for a massive loss. Photo: Shutterstock Images A shop in Causeway Place, in Causeway Bay district, was sold on Thursday for a massive loss. Photo: Shutterstock Images
A shop in Causeway Place, in Causeway Bay district, was sold on Thursday for a massive loss. Photo: Shutterstock Images
READ FULL ARTICLE