Hicks and Gillett, who bought the club in 2007 for 218.9 million, have appointed British Airways chief Martin Broughton as chairman to oversee the sale.
On Thursday, the Kuwait-based Kharafi Group, said that it was not interested in buying Liverpool following British media reports that it was considering a bid.
Syrian businessman Yahya Kirdi said on Wednesday he was in the final stages of negotiations to buy Liverpool, who missed out on the lucrative Champions League this season after finishing seventh in the Premier League.
Huang was also linked to a Chinese consortium looking to buy a 15 per cent stake in the NBA's Cleveland Cavaliers last year but the North American basketball league has now confirmed that he was not involved.
The mood around Anfield before the CIC information emerged was that any buyer was welcome as long as they kept their promises.
"All we have heard for the last three or four years under the Americans are promises and more promises and none of them have happened. The Chinese couldn't do worse," Tom McDonagh, a 47-year-old civil engineer from Wallasey, said.
Imran Patel, a 29-year-old company director at Anfield to buy tickets for Thursday's match, also added: "It is appalling what has happened here. The club has drifted for far too long."
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