Li Zhiying has stepped up selling his assets to cash in a number of criminal cases

category:Global
 Li Zhiying has stepped up selling his assets to cash in a number of criminal cases


Li Zhiying stepping up property sales (photo source: Hong Kong media)

Haiwai.com, August 12 (Xinhua) Hong Kong police arrested Li Zhiying, founder of one media, on the 10th. Some Hong Kong media quoted market sources as saying that after Li Zhiying was released on bail in the early morning of the 12th, he did not hesitate to sell his assets at a substantial price to cash in. He was in an urgent mood.

According to Hong Kong east.com on the 12th, in the face of years of losses and deteriorating performance, one media has sold off Taiwan properties, and major shareholder Li Zhiying has also sold private local properties. On the 10th, Li Zhiying was arrested by the Hong Kong Police, which made it even tighter to sell the property. Recently, a number of real estate agents have received the full floor offer of the 19th floor of Taiping Industrial Center in Tai Po. The total cost involved is about 166 million Hong Kong dollars (about 148 million yuan). Recently, the selling price has been sharply reduced to 129 million Hong Kong dollars (about 115 million yuan), with a reduction rate of 22%.

Photo: Li Zhiying (Hong Kong media)

According to the investigation by Hong Kong media, the owner of the property is Gongming weaving factory, and its directors include Li Zhiying and mark Simon, Li Zhiyings assistant who is now overseas and is wanted by the police. Market News revealed that the building rarely has a full floor units. Some property investors said that real estate agents took the initiative to promote the sale, and suggested that buyers make bold counter-offer, reflecting the sellers determination to ship.

(function(){( window.slotbydup=window .slotbydup||[]).push({id:u5811557,container:ssp_ 5811557, async:true });})(); According to the land registry of Hong Kong, Gongming weaving mill purchased rooms a, B and D, 19th floor, Taiping Industrial Center, Tai Po in January and March 1984 respectively, involving a total amount of 4.1843 million Hong Kong dollars (about 3.75 million yuan). In April 1988, it sold all the units to Zhaojing textile for 3.8 million Hong Kong dollars (about 3.4 million yuan). At that time, Zhaojing textile owned Room C on the same floor, together with the other three units purchased, that is, it held the full floor ownership of the 19th floor. However, in March 1999, Gongming weaving factory bought the full floor for more than 4.2436 million Hong Kong dollars (about 3.8 million yuan). It is reported that Li Zhiying, who is 72 years old, has already had five criminal cases and faces seven charges. It includes criminal intimidation, organizing and participating in unauthorized assembly. In addition, Li Zhiying had applied for three times to leave China for the United States, which were all rejected by the judge and asked him to stay in Hong Kong during the period of bail. (Wu Qian, overseas website) source: Xu Meng, editor in charge of overseas network_ NN7485

According to the land registry of Hong Kong, Gongming weaving mill purchased rooms a, B and D, 19th floor, Taiping Industrial Center, Tai Po in January and March 1984 respectively, involving a total amount of 4.1843 million Hong Kong dollars (about 3.75 million yuan). In April 1988, it sold all the units to Zhaojing textile for 3.8 million Hong Kong dollars (about 3.4 million yuan). At that time, Zhaojing textile owned Room C on the same floor, together with the other three units purchased, that is, it held the full floor ownership of the 19th floor. However, in March 1999, Gongming weaving factory bought the full floor for more than 4.2436 million Hong Kong dollars (about 3.8 million yuan).

It is reported that Li Zhiying, who is 72 years old, has already had five criminal cases and faces seven charges. It includes criminal intimidation, organizing and participating in unauthorized assembly. In addition, Li Zhiying had applied for three times to leave China for the United States, which were all rejected by the judge and asked him to stay in Hong Kong during the period of bail. (Wu Qian)