Billionaire Cheng Family in High-Stakes Negotiations with Louis Vuitton for Mega Store in Hong Kong
3 months ago
In a monumental development in the luxury retail sector, the Cheng family, one of Hong Kong's wealthiest clans, is reportedly in strategic discussions with the fashion giant Louis Vuitton. The focus of these negotiations is the establishment of an expansive flagship store in Hong Kong, a city known for its vibrant luxury market and affluent consumer base.
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Cheng Family's CTF Aims High with $2 Billion Bid for China Toll Roads
5 months ago
In a bold move to expand its influence in the Chinese infrastructure sector, the Cheng family-controlled company, CTF, is seeking to raise a colossal $2 billion through the sale of toll road assets. This ambitious endeavor signals the Cheng family's continued commitment to leveraging lucrative investment opportunities amid an ever-evolving economic landscape in China.
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