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

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

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
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