The bank set up a base in Hong Kong's Central in August last year and obtained financial licenses 1, 4 and 9 (also known as dealing in securities, advising on securities and providing asset management) from the Securities and Futures Commission.

According to CKI executive director Chiu Kwok-hung in October last year, CKI started negotiating with Warwick on the Borrett Road project in late December 2021, and the negotiation on the deal took more than nine months, during which luxury property prices moved steadily. The transaction involves $20.766 billion and involves 152 units, 242 parking spaces and 31 motorcycle parking spaces.

Warwick Capital has grown rapidly over the past few years, and its fund purchased the 21 Borrett Road project from Cheung Kong at the end of September last year, which was the first investment made by Warwick after its return to Hong Kong.

The company pointed out at the time that the project's closing period would last two and a half years, until March 2025 at the earliest. During the transaction period, Huarui is supported by CKI and will continue to invite CKI to manage the project, while the company will continue to listen to CKI's professional advice and study with investors in order to expand the economic benefits of the project. The project will have a price list set by Hualei, while CKI will assist in the sale, and CKI will not take a commission on each unit transaction.

However, according to the first-hand residential transaction records, only 5 residential units and 8 parking spaces have been sold in the project since the end of September last year, with a total turnover of about $747.9 million and a transacted square foot price of $61,745 to $67,549.