‘Cassette King’ David Chan faces bankruptcy as 4 creditors pursue HK$80 million debt
https://www.dimsumdaily.hk/cassette-king-da...0-million-debt/

One of Hong Kong’s best-known real estate investors has put another luxury home up for sale at a discount, as the city’s property glut and elevated interest rates weigh on highly leveraged entrepreneurs.

David Chan Ping-chi, dubbed the “Cassette King” for his fortunes made from producing audiovisual cassettes and compact discs, plans to sell a three-storey mansion at 51 Mount Davis Road on Hong Kong Island to repay debt, he said in a phone interview with the Post.
https://www.scmp.com/business/article/33241...y-sale-pay-debt