Core Viewpoint - The recent luxury property transaction by former Alibaba CEO Zhang Yong has raised significant scrutiny, particularly regarding its tax implications and potential conflicts of interest [1][3]. Group 1: Transaction Details - Zhang Yong purchased a luxury apartment in Hong Kong for 53.54 million HKD, which is perceived as a typical wealthy individual's transaction [3]. - The buyer, "Verdant Peak Investment Limited," was established in September of the previous year, with Zhang Yong as the sole director and full owner through an offshore company, indicating a potential tax avoidance strategy [5]. - The transaction price of 27.7 million HKD per square meter is notably lower than the typical starting price of 300,000 HKD per square meter for similar properties in the area, raising questions about the valuation [11]. Group 2: Governance and Compliance Issues - Zhang Yong has been serving as an independent director for the seller, Hysan Development, since December 9, 2024, which creates a timeline that suggests a possible conflict of interest [7]. - Despite the seller's claim that the buyer is an "independent third party," legal experts highlight that any hidden connections between directors and transaction parties must be disclosed to shareholders, indicating potential governance issues [7]. - The transaction's structure allows for tax benefits, such as avoiding individual income tax in mainland China and inheritance tax, but experts caution that the global CRS system could expose these offshore accounts to scrutiny [13]. Group 3: Market Reactions and Future Implications - The market is awaiting the release of valuation reports and comparative records to assess the legitimacy of the transaction [14]. - There is pressure on Hysan Development to ensure proper governance and transparency, as the independent director's purchase of company assets raises significant concerns about compliance with disclosure requirements [13].
“张勇买香港豪宅”上热搜!去年年底才担任所买豪宅公司独董!
Sou Hu Cai Jing·2025-10-27 02:25