Hong Kong toy king makes Australia property play
The Choi family is cashing out of premium properties in its hometown to invest HK$10 billion ($1.3 billion) in Australian real estate.
When Karson Choi returned to Hong Kong a decade ago after studying in the US, his billionaire father tasked him with overseeing the refurbishment of Kowloon City Plaza, a tired shopping mall the tycoon family acquired from Morgan Stanley amid the 2008 financial crisis.
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