Ex-banker sells US$41m Deep Water Bay home, then signs a lease at The Peak




After selling a HK$319 million (US$41 million) luxury home in Hong Kong’s affluent Southern district, a former finance executive has rented a 4,715 sq ft house at The Peak, the city’s most exclusive neighbourhood, for HK$525,000 a month, official records show.
Lawrence Lam Yuk-kun was identified as the former owner of a house in Deep Water Bay and the new tenant of a property on Gough Hill Road at The Peak.
Lam is an independent non-executive director at Sany Heavy Industry, China’s largest…



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Summary: A quick financial/business update curated by IndiaTips.in.

Why this matters: This may influence investors, markets, businesses, or financial policy.

Source: Original financial report via Investopedia | Expert Financial Advice and Markets News

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