Huawei’s CFO Makes $1.4 Million Profit Selling Hong Kong Penthouse
Meng Wanzhou
Source: Bloomberg
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Huawei Technologies Co.’s Chief Financial Officer Meng Wanzhou made a profit of more than HK$11 million ($1.4 million) by selling a duplex penthouse in Hong Kong she bought a decade ago.
The tech heiress offloaded the 1,408-square-foot property at Island Harbourview in Kowloon’s Olympic area for about HK$30 million, government records show. She purchased it in 2013 for HK$18.7 million. Local media Ming Pao first reported the transaction.