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Ambitious Chinese company eyes HK hotel

Profile Photo By: Steve Shellum
January 17, 2018

Ambitious Chinese company eyes HK hotel

Hong Kong – 17 January 2018 – 
Sharing Economy International, a Chinese textile machinery maker with blockchain ambitions, said it is pursuing the acquisition of a boutique hotel from Hong Kong property billionaire Lee Shau-kee, Bloomberg reported.

Mira Moon Hotel Hong Kong
Mira Moon Hotel Hong Kong

A unit of Sharing Economy is offering to buy the Mira Moon Hotel from Lee’s Hong Kong-listed hospitality company, Miramar Hotel & Investment, for about HK$1.35 billion (US$173 million), chief operating officer Parkson Yip.

The 91-room Mira Moon, located in Causeway Bay, is a part of Marriott International’s Design Hotels network of independent hotels and uses the hospitality giant’s Starwood Preferred Guest loyalty programme.

A representative for Miramar said the company has no plans to dispose of the property. 


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