China Sentences Evergrande Founder Xu Jiayin to Life in Prison for Large-Scale Financial Fraud, Imposing $2.4 Billion Fine on Group

The architect of one of China’s most spectacular corporate downfalls, Xu Jiayin (also known as Hui Ka Yan in Cantonese), the founder of the embattled property behemoth Evergrande Group, has…

China’s State Administration for Market Regulation Imposes RMB 5.179 Billion Fine on Ctrip Group for Anti-Monopoly Violations.

On a recent Saturday, China’s State Administration for Market Regulation (SAMR) delivered a landmark ruling, imposing significant administrative penalties on Ctrip Group, a dominant player in the nation’s online travel…

Hong Kong Enforces Comprehensive Smoking Ban on Construction Sites, Issuing First Fine on Day One

Hong Kong has implemented a sweeping ban on smoking at all construction sites, a move that took effect with the issuance of the first HK$3,000 fixed penalty notice on its…