Kwok Hiu-ting, 26-year-old daughter of Kaisa’s magnate, buys Hong Kong’s Chinese newspaper Sing Tao for US$47.7 million

Kwok Hiu-ting, 26-year-old daughter of Kaisa’s magnate, buys Hong Kong’s Chinese newspaper Sing Tao for US$47.7 million

South China Morning Post - Hong Kong·2021-02-03 07:06

28 per cent stake acquired at premium of 65 per cent over stock’s last trading price

Deal conducted in cash off the market; separate notice by Charles Ho shows he sold the same amount of shares at the same price

The 26-year-old vice-chairwoman of Shenzhen-based developer Kaisa Group’s property management unit has become the single largest shareholder of Sing Tao News Corporation, which owns the oldest Chinese newspaper in Hong Kong.

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