Hong Kong's Li family residence reportedly not up for sale, according to CK Asset, dismissing the spread 'false' speculation.
CK Asset Denies Rumours of Sale of 79 Deep Water Bay Road
In a statement issued on Monday, CK Asset Holdings has denied reports of the sale of 79 Deep Water Bay Road, the family home of one of Hong Kong's wealthiest families. The denial comes in response to speculative and fabricated rumours that have been circulating online.
Victor Li Tzar-kuoi, the chairman and managing director of CK Asset, directly refuted the social media speculation about selling the Li family home at that address. In his statement, he emphasized that the rumours lack any factual basis and warned the public against spreading false information.
The house at 79 Deep Water Bay Road has been a long-standing family residence for the Li family, acquired in 1963 and occupied by multiple generations. It is well-known as the family home of one of Hong Kong’s wealthiest families and remains in their possession.
The denial of the sale of 79 Deep Water Bay Road does not necessarily mean that CK Asset Holdings or the family are not facing financial difficulties or considering asset disposal. However, the statement from CK Asset does not provide any information about the reasons behind the denial of the sale of 79 Deep Water Bay Road.
Victor Li did not provide any explanation in his statement as to why rumours about the sale of 79 Deep Water Bay Road might be related to financial difficulties or asset disposal. In fact, he described some of the rumours as illogical and others as deceptive.
The denial of the sale of 79 Deep Water Bay Road comes amid wider financial challenges in Hong Kong’s property sector, but specifically excludes this asset. CK Asset has confirmed that this house is not part of any sale, dispelling recent rumours firmly.
Li's statement was made in response to the rise in scam cases, urging the public and media not to trust or spread rumours about the sale of 79 Deep Water Bay Road to avoid potential losses. As of the statement issued by CK Asset, there are no recent verified reports that CK Asset Holdings or Victor Li Tzar-kuoi are selling their assets at 79 Deep Water Bay Road.
In summary, rumours about selling 79 Deep Water Bay Road are false and officially denied by CK Asset Holdings and Victor Li Tzar-kuoi. The property remains the Li family’s residence and is not currently for sale. These denials come amid wider financial challenges in Hong Kong’s property sector but specifically exclude this asset.
The denial of the sale of 79 Deep Water Bay Road by CK Asset Holdings is a refutation of fabricated rumours regarding the family's business interests, specifically concerning financially motivated asset disposals. In his statement, Victor Li Tzar-kuoi, the chairman and managing director of CK Asset, emphasized that the rumours lacked any factual basis.
