Market Chatter: Fulum Group Chairman Sells Building in Hong Kong

MT Newswires Live

Feb 12, 2025

Fulum Group (HKG:1443) Chairman Yeung Wai is selling a nine-storey building in Sha Tin, Hong Kong amid challenges facing the hospitality sector, the South China Morning Post reported Tuesday.

Property consultant CBRE will carry out the public bidding for the building, the report said.

Hansun Investments, in which Yeung is listed as a director, purchased the building for HK$498 million in 2013, according to the report.

Fulum owns 107 restaurants in Hong Kong and three in mainland China as of September, the SCMP 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. 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":"01443","symbol_name":"富临集团控股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2510328164","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510328164","pubTimestamp":1739351207,"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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