In Hong Kong Bankruptcy Case, Rare Golf Club Memberships on Sale
China Fishery Group Ltd.’s bankruptcy case enters its second anniversary this month with no resolution in sight as a key auction of its fishing assets in Peru stalls. It may have better luck selling its corporate memberships in the famed 129-year old Hong Kong Golf Club. At no less than HK$17 million ($2.2 million) each, it may be a small price and rare chance for the city’s golfers to own a certificate, according to Tony Chan at Everfine Membership Services Ltd.