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Tencent deal throws spotlight on Hong Kong backdoor listings

By Denny Thomas and Michelle Price HONG KONG (Reuters) – A heavily discounted purchase of a loss-making solar-panel maker last week has cast a spotlight on the Chinese takeovers of so-called listed shell companies in Hong Kong, which may be used to sidestep the bourse’s rigorous listing process. China’s No.1 social network and online media company Tencent Holdings Ltd and developer Evergrande Real Estate Group joined forces to purchase Mascotte

Dennis Miller Sells Beach House for $3.5 Million Below List

Filed under: Buying, Celebrity Homes, Selling Riskin Associates via ZillowThe house features 6,000 feet in a beautiful cottage-style white but the real selling point is the 63 feet of beachfront. By Melissa Allison UPDATE: Comedian Dennis Miller and his wife sold their oceanside California mansion south of Santa Barbara for $19 million — $3.5 million less than they were asking for the stylish estate. ORIGINAL POST 1/4/2015: The beach retreat