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HSBC Asia chairman's son buys Hong Kong homes for $37.5m
The Straits Times
|June 28, 2025
The son of an HSBC Holdings leader has spent at least HK$231 million (S$37.5 million) buying luxury properties in Hong Kong in 2025, as the city's home prices hover at an eight-year low.
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HONG KONG -
Mr Jeremy Wong Ka Chun bought four flats at Hong Kong Parkview, a prime residential development in the city, through a financial vehicle in the past three months, according to filings. He is the son of Mr Peter Wong, chairman of the UK bank's Asia subsidiary, according to people familiar with the matter. The younger Mr Wong also works for HSBC, according to his LinkedIn profile.
He purchased two connected units for HK$121.5 million in June through local company Lion Rock (HK), land registry filings showed.
This story is from the June 28, 2025 edition of The Straits Times.
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