Temporary hoardings are seen at a plot of residential land sold by Tang Shing-bor's family for HK$351 million in November 2020. - Bloomberg
HONG KONG (China Daily/ANN): Hong Kong property tycoon Tang Shing-bor is seeking to offload billions of dollars of real estate after an ill-timed expansion at the top of the market.
Known as the “Shop King” for his vast holdings of retail property amassed over six decades, Tang is among those hit as Hong Kong suffers through a deep recession triggered by social unrest and the coronavirus pandemic.
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