HongKong

Parking space at exclusive Mount Nicholson on The Peak sells for US$1.3 million to major shareholder in Chinese vaccine maker



A wealthy shareholder in vaccine maker Beijing Wantai Biologicial Pharmacy Enterprise, has forked out HK$10.11 million (US$1.3 million) for a parking space at the exclusive Mount Nicholson on The Peak.Qiu Mingjing’s identity was revealed by records filed to the Land Registry on Friday, two days after it emerged that textile tycoon Poon Ho-tak paid a world record HK$11.9 million for another parking bay at the super-deluxe development. Qiu’s purchase was 15 per cent cheaper than Poon’s.Qiu is a…



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