Chow Tai Fook family office plans to ride travel recovery wave
Hong Kong-based Chow Tai Fook Enterprises aims to ride a recovery in the hospitality and retail sector in 2023 and is also keeping an eye on quality private equity and Chinese equities exposure.
Hong Kong-based Chow Tai Fook Enterprises (CTFE) is increasing its risk appetite in real estate and private equity as it bets on inflation peaking and China reopening in 2023.
With real estate investment one of its core strategies, CTFE, the investment arm of the Cheng family in Hong Kong, is particularly bullish on the hospitality sector globally, according to Managing Principal Kenneth Lau.
He said there had been a V-shape rebound of hospitality real estate ever since Covid-19…
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