Hong Kong-Taiwan Parkview Group (Chyau Fwu Properties) Hwang Family Attempted Art Financing Using Arts Pieces Including Picasso & Vincent Van Gogh with Auction House Sotheby’s in Early 2025, Parkview Group Reported to Have Avoided Loan Default, Listed Company in Hong Kong is Joy City Property (Previously The Hong Kong Parkview Group) with $475 Million Market Value, Joy City Property Parent is COFCO Land Which Acquired Hong Kong Parkview Group in 2012
26th June | Hong Kong
Hong Kong-Taiwan Parkview Group (Chyau Fwu Properties) Hwang family is reported to have attempted art financing using art pieces including Picasso & Vincent Van Gogh with auction house Sotheby’s in early 2025. Parkview Group is also reported to have avoided loan default. Parkview Group listed company in Hong Kong is Joy City Property (Previously The Hong Kong Parkview Group) with $475 million market value. Joy City Property parent is COFCO Land which acquired Hong Kong Parkview Group in 2012. Joy City Property – Joy City Property is owned and managed by its parent company, COFCO Corporation. As the overseas listed platform of COFCO Corporation, it is primarily engaged in the development, operation, sales, lease and management of mixed-use complexes portfolio under the flagship brand “Joy City (大悅城)”. As at 4 December 2014, Joy City Property owns a total of 18 commercial property projects, including eight mixed-use complex projects, four commercial property projects, four hotel projects, one integrated tourist project and one project with minority interest. The Parkview Group – The Parkview Group is a conglomerate of private companies. Parkview’s roots lie in the Chyau Fwu Group, a pioneering construction and development business founded in Taiwan in the 1950s. Principally focused on major infrastructure projects, Chyau Fwu was a key player at the vanguard of Taiwan’s early development. As the company moved into property investment and development, it cemented a reputation for top-end landmark projects that set new benchmarks for quality and innovation. Built by Chyau Fwu in 1960s, Bank Tower in Taipei, was the South East Asia’s first green building with energy saving glass finishes. One of its recent projects, 200,000 sqm Parkview Green in Beijing, was the first mixed use development in China to be awarded the LEED Platinum Certification (Leadership in Energy and Environmental Design) in 2009 and Asia’s first LEED Dynamic Plaque in 2017. The Parkview Group of today has diverse investments in Europe and Asia ranging from the top-end residential and hotel developments, cutting edge construction and materials research facilities to arts organisations.
“ Hong Kong-Taiwan Parkview Group (Chyau Fwu Properties) Hwang Family Attempted Art Financing Using Arts Pieces Including Picasso & Vincent Van Gogh with Auction House Sotheby’s in Early 2025, Parkview Group Reported to Have Avoided Loan Default, Listed Company in Hong Kong is Joy City Property (Previously The Hong Kong Parkview Group) with $475 Million Market Value, Joy City Property Parent is COFCO Land Which Acquired Hong Kong Parkview Group in 2012 “
Hong Kong-Taiwan Parkview Group (Chyau Fwu Properties) Hwang Family Attempted Art Financing Using Arts Pieces Including Picasso & Vincent Van Gogh with Auction House Sotheby’s in Early 2025, Parkview Group Reported to Have Avoided Loan Default, Listed Company in Hong Kong is Joy City Property (Previously The Hong Kong Parkview Group) with $475 Million Market Value, Joy City Property Parent is COFCO Land Which Acquired Hong Kong Parkview Group in 2012
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