Market Chatter: Hong Kong Tycoon Cheng Explores Sale of Rosewood Hotel Assets

MT Newswires Live

2025/12/01

Hong Kong tycoon Henry Cheng is seeking potential buyers for assets in the family's Rosewood Hotel Group as it looks to ease liquidity pressures tied to New World Development (HKG:0017), Bloomberg News reported Monday, citing people familiar with the matter.

Cheng's representatives have approached several companies to gauge interest in parts of the Rosewood portfolio, though discussions are preliminary and may change, the report said.

Rosewood, led by Cheng's daughter Sonia, is owned by the family's private investment arm, Chow Tai Fook Enterprises, it added.

The firm acquired the entity holding the hotel operations, together with its shareholder loan, for HK$1.96 billion in 2015, Bloomberg reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. 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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1216","symbol_name":"多样化房地产活动","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2588748018","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588748018","pubTimestamp":1764562232,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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