Victory in bitter family feud for control of Great Eagle, one of Hong Kong’s richest property empires, is bitter sweet for chairman Lo Ka-shui as global recession looms
For Lo Ka-shui, his tentative victory in a high-profile family feud over a HK$24 billion (US$3 billion) property inheritance has proved to be something of a mixed blessing.Having seen off an attempt by his mother to win back control of Great Eagle Holdings, one of Hong Kong’s wealthiest property dynasties, he faces the daunting prospect of trying to keep the company’s international hotel empire growing.The protracted trade war between the world’s two largest economies has dampened sentiment…


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