The execution of China South City’s liquidation may encounter difficulties regarding mainland asset seizure. (AI image) A Hong Kong High Court has issued a liquidation order for China South City Holdings Ltd., marking the largest Chinese construction company by assets to face winding up since China Evergrande Group.This court decision exemplifies the ongoing impact of…
A Hong Kong lawmaker urged global investors to maintain confidence in the city’s Web3 industry after cryptocurrency mogul Justin Sun denounced alleged “loopholes” in local financial regulations. Hong Kong had “a legal basis and a healthy environment” to protect international investors and the city’s Web3 sector, Legislative Council member Johnny Ng Kit-chong wrote on Thursday…
A Hong Kong lawmaker urged global investors to maintain confidence in the city’s Web3 industry after cryptocurrency mogul Justin Sun denounced alleged “loopholes” in local financial regulations. Hong Kong had “a legal basis and a healthy environment” to protect international investors and the city’s Web3 sector, Legislative Council member Johnny Ng Kit-chong wrote on Thursday…