China $2.4 Billion Shanghai-Listed Mining Company Tibet Summit Resources President Mao Yuankai & Wife (Huang Ying) Buy Hong Kong 6,700 Sq Ft 3-Storey Luxury House in Hong Kong Island Stanley (33 Tung Tau Wan Road) for $28 Million (HKD 220 Million) via Entity Permanence International Hong Kong in Creditor Asset Sale, Property First Listed in 2025 by Creditors for $44 Million (HKD 345 Million) Having Acquired by Owner for $38 Million (HKD 300 Million) in 2011

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China $2.4 Billion Shanghai-Listed Mining Company Tibet Summit Resources President Mao Yuankai & Wife (Huang Ying) Buy Hong Kong 6,700 Sq Ft 3-Storey Luxury House in Hong Kong Island Stanley (33 Tung Tau Wan Road) for $28 Million (HKD 220 Million) via Entity Permanence International Hong Kong in Creditor Asset Sale, Property First Listed in 2025 by Creditors for $44 Million (HKD 345 Million) Having Acquired by Owner for $38 Million (HKD 300 Million) in 2011

26th June 2026 | Hong Kong

China Shanghai-listed mining company Tibet Summit Resources ($2.4 billion market value) President Mao Yuankai & his wife (Huang Ying) have bought a Hong Kong 6,700 sq ft 3-storey luxury house in Hong Kong Island Stanley (33 Tung Tau Wan Road) for $28 million (HKD 220 million) via entity Permanence International Hong Kong in a creditor asset sale.  The property was first listed in 2025 by creditors for $44 million (HKD 345 million), having acquired by owner for $38 million (HKD 300 million) in 2011.

“ China $2.4 Billion Shanghai-Listed Mining Company Tibet Summit Resources President Mao Yuankai & Wife (Huang Ying) Buy Hong Kong 6,700 Sq Ft 3-Storey Luxury House in Hong Kong Island Stanley (33 Tung Tau Wan Road) for $28 Million (HKD 220 Million) via Entity Permanence International Hong Kong in Creditor Asset Sale, Property First Listed in 2025 by Creditors for $44 Million (HKD 345 Million) Having Acquired by Owner for $38 Million (HKD 300 Million) in 2011 “

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China $2.4 Billion Shanghai-Listed Mining Company Tibet Summit Resources President Mao Yuankai & Wife (Huang Ying) Buy Hong Kong 6,700 Sq Ft 3-Storey Luxury House in Hong Kong Island Stanley (33 Tung Tau Wan Road) for $28 Million (HKD 220 Million) via Entity Permanence International Hong Kong in Creditor Asset Sale, Property First Listed in 2025 by Creditors for $44 Million (HKD 345 Million) Having Acquired by Owner for $38 Million (HKD 300 Million) in 2011

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