Former Owners of The Art Newspaper and L’Officiel Say AMTD Still Owes Buyout Funds Amid IPO Listings

On December 10, Calvin Choi, chairman of Hong Kong–based AMTD Group, attended a fashion show at the London Stock Exchange marking the secondary listing of AMTD’s media and luxury subsidiary, The Generation Essentials Group (TGE). TGE, which owns The Art Newspaper and the iconic French fashion magazine L’Officiel, had debuted on the New York Stock Exchange six months earlier with another catwalk party. The glitzy London event, where models dressed in Vivienne Westwood posed for photographers, marked another milestone in AMTD’s rapid expansion into cultural assets.