The Tax Office continues to store the personal holdings of its favourite billionaire, Huang Xiangmo, at a temperature lower than a COVID-19 vaccine, but the asset freeze doesn't extend to the Huang family's Yuhu group, which has had quite a Sydney sell-down.

There was the $114 million sale of Yuhu's 15-storey tower at 20 Berry Street in January in a sale so slick observers thought Yuhu left $11 million to $26 million still on the table.