Mall Owner Eyes Hudson's Bay

This is a B.C. news story, published by vancouversun, that relates primarily to Liu news.

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flagship Bay store

vancouversun

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Business

Business & Economics

B.C. billionaire says she wants to acquire 'dozens' of Hudson’s Bay stores

Summary

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68% Informative

Weihong Liu is chair of Central Walk , a Nanaimo -based company that owns three major malls in B.C. She has declared her intent to purchase the ailing Hudson's Bay department store chain.

Liu said she feels the sadness of Canadians who are witnessing the crumbling of one of the country’s oldest businesses.

Last April , Liu denied rumours in the Chinese community that her Canadian businesses are a front for the Chinese Communist Party elite.

The former Shenzhen -based entrepreneur is known in the country for assaulting a female reporter with the Shenzhen Economic Daily after she questioned Liu ’s business practices at a news conference in 2012 .

Liu also confirmed that she was previously in a top political advisory body in China .

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English

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