Hong Kong police freezes $353M in assets from Chinese businessmen Chen Zhi Rachael Davies Suswati Basu More assets belonging to Chinese-Cambodian businessman Chen Zhi have reportedly been seized in the wake of an investigation into gambling fraud, money laundering and ‘pig butchering’ scams. According to the South China Morning Post, Hong Kong … Continue reading Hong Kong police freezes $353M in assets from Chinese businessmen Chen Zhi
Star Entertainment recovers Hong Kong investor rescue deal Graeme Hanna Star Entertainment sent its share price soaring after announcing a deal to rekindle its partnership with Hong Kong-based investors. The embattled Australian casino company announced on August 12 that it had reached an agreement with Chow Tai Fook Enterprises and Far East Consortium to sell … Continue reading Star Entertainment recovers Hong Kong investor rescue deal
