HongKong

American Chamber of Commerce in Hong Kong, operating at a deficit for past four years, sells pricey office space in Central: source




The American Chamber of Commerce in Hong Kong (AmCham) has said goodbye to its grade-A office space in Central, selling the property after suffering through four years of deficits totalling more than HK$5.6 million (US$723,000), the Post has learned.The influential business group sold the 6,000 sq ft office at Bank of America Tower – bought in 1996 for more than HK$54 million – earlier this month, an inside source said. The selling price was not immediately known.The move follows AmCham, which…



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