This story has rotated off the live feed but the permalink stays available for sharing and search.

news Scmp World 2026-05-14

Hong Kong Court Freezes Over $1 Billion in Assets Linked to Businessman Chen Zhi

A Hong Kong court has frozen assets and properties valued at over HK$9 billion (US$1.15 billion) belonging to detained businessman Chen Zhi and his associated companies amidst an online fraud investigation.

Support Your Local Toad

The Pesky Toad is free and ad-light. If you find it useful, toss a few pesos in the tip jar to help keep the servers running and the satire flowing.

$

MXN · Minimum $10