Market Chatter: Meitu Co-Founder Buys Another Property in Hong Kong

MT Newswires Live

Jul 30, 2025

Meitu (HKG:1357) co-founder and chairman Mike Cai Wensheng purchased a 5,388 square foot building in Hong Kong for HK$750 million, the South China Morning Post reported Tuesday.

Cai bought the redevelopment site from local developer Winland Group, which was already constructing a 26-story office tower at the location, the report said.

The site is located in Hong Kong's Causeway Bay shopping district, and the purchase is Cai's second property acquisition in three months, according to the report.

(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":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2555209646","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555209646","pubTimestamp":1753844101,"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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