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The Sydney penthouse, which was sold at a loss, was again bought by Chinese buyers for $15 million

Source: yeeyi.com
[Economic News]     07 Jul 2020
The JackieAuYeung, converted from a nightclub operator to a technology investor, returned to Sydney from Hong Kong and bought the penthouse in the TheRocks StamfordResidences building for $15.125 million. AuYaung was famous in the late 1990s, when he co-founded GrahamBristow LibertyOne, but the internet company went bankrupt in the financial crisis a few years later.

The Jackie Au Yeung, converted from a nightclub operator to a technology investor, returned to Sydney from Hong Kong and bought the penthouse in the The Rocks Stamford Residences building for $15.125 million.

The Sydney penthouse, which was sold at a loss, was again bought by Chinese buyers for  million

Au Yaung was famous in the late 1990s, when he co-founded Graham Bristow LibertyOne, but the internet company went bankrupt in the financial crisis a few years later.

The former DJ and his wife Jae Jae sold their apartment in the Highgate building for $550,000 in 2000, and there has been no property record since, although company files show that he has invested in many start-ups in recent years, including digital music platforms Muru Music..

According to people familiar with the matter, Au Yeung bought the apartment designed by Kann Finch through Ray White's Michael Lowdon, which brought a considerable profit to the Iris Capital family Ramy and Nadia Arnaout. The last seller of the apartment was Zhang Zetian, known as the "milk tea sister".

The Sydney penthouse, which was sold at a loss, was again bought by Chinese buyers for  million

A few months before marrying Jingdong founder Liu Qiangdong in 2015, Zhang bought the new penthouse for $16.2 million. Although later sold for A $18 million, it was eventually sold to Arnaouts couple at a loss of A $13.5 million in early 2019. analytics","title": ""}

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