A lawyer for the competition watchdog suggests a possible link between two bid-rigging syndicates and the HK$336 million renovation bid for a housing estate destroyed in Hong Kong's deadliest fire in decades.

At least two bid-rigging syndicates could be linked to the HK$336 million (US$43 million) renovation bid for a housing estate destroyed in Hong Kong’s deadliest fire in decades, a lawyer for the competition watchdog has said at the fourth session of an evidential hearing. Lester Lee Hiu-leung, the Competition Commission’s executive director for legal services, also said on Thursday that the watchdog had not ruled out applying to the Competition Tribunal for damages from Will Power Architects...