ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
China debt crunch

Debt-swamped China Evergrande eyes Hong Kong tower sale

Embattled property developer slated to unveil restructuring this week

CK Asset Holdings, founded by Hong Kong billionaire Li Ka-shing, is making a bid for the 26-story China Evergrande Centre.   © Reuters

HONG KONG -- Embattled property developer China Evergrande may have found a buyer for its Hong Kong headquarters, just days before it is expected to unveil a restructuring plan.

CK Asset Holdings, founded by Hong Kong billionaire Li Ka-shing, said on Thursday it has made a bid for the 26-story tower in the financial hub's Wan Chai district.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more