In Hong Kong’s priciest luxury property sale this year, a paper tycoon and his wife have snagged a home for HK$1.45 billion, or $180 million. Raymond Lee, the chairman and co-founder of Lee & Man Paper Manufacturing Ltd., and his wife, Wong Man Yi, bought a nine-apartment complex in Repulse Bay. The pair are directors of a private company that bought 8 Headland Road this month, Bloomberg reported. The seller was American International Assurance Co. ... [more]