China1h ago
Hong Kong luxury homes sell for US$41m
Mainland Chinese tycoon Zhao Zhijun sells two HK luxury homes for US$40.8 million.
Sources
1 verified
Location
Hong Kong
Updated
Tuesday, 28 April 2026 at 23:00 UTC
No media · text-only dispatch
Synthesis · 1 sources
A pair of luxury homes on Hong Kong's Peak Road sold for HK$320 million (US$40.8 million), with mainland Chinese demand driving the market. Property tycoon Zhao Zhijun, chairman of a mainland investment firm, sold the two adjoining units at 8-12 Peak Road, realizing an 86% gain over the purchase price 16 years ago. The sale reflects a wave of mainland Chinese buyers restoring liquidity to Hong Kong's trophy home market.
e/eineurope · topic · T-10273