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A group of banks is moving to seize a Sheraton-branded hotel property in Hong Kong, controlled by the family of billionaire Hui Wing Mau, after owner Shimao Group Holdings defaulted on a HKD4.5 billion (US$574 million) loan. Founder and chairman of Shimao Group Hui Wing Mau speaks at an overseas Chinese business roundtable during the 2015 Boao Forum for Asia (BFA) in Boao, south China's Hainan Province, March 29, 2015 The lenders are in advanced discussions to appoint receive