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Reclusive Chinese billionaire strikes US$33m deal to take over Shanghai hotel

Online gaming billionaire Chen Tianqiao acquired the Mia Hotel at a discount, as investors bet on a recovery in China’s prime real estate market.

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South China Morning Post

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Reclusive Chinese billionaire strikes US$33m deal to take over Shanghai hotel

Online gaming billionaire Chen Tianqiao acquired the Mia Hotel at a discount, as investors bet on a recovery in China’s prime real estate market.

6 days ago·Hong Kong, Hong Kong

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South China Morning Post broke the news in Hong Kong, Hong Kong 6 days ago on Saturday, August 15, 2026.

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Reclusive Chinese billionaire strikes US$33m deal to take over Shanghai hotel

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1 Articles

Reclusive Chinese billionaire strikes US$33m deal to take over Shanghai hotel

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