Commercial Radio Hong Kong Fined HK$120,000 for Persistent Broadcast Failures

A significant regulatory penalty has been levied against Commercial Radio Hong Kong (CRHK), with the city’s broadcasting watchdog imposing a HK$120,000 fine. The penalty stems from the station’s failure to…

Founder of China’s disgraced property giant jailed for life, as firm fined over US$2 billion

In a landmark decision that underscores Beijing’s resolute stance on corporate accountability and financial stability, China’s judicial system has delivered a life sentence to Xu Jiayin, the charismatic founder of…

China Sentences Evergrande Founder Xu Jiayin to Life in Prison for Multi-Billion Dollar Fraud, Company Fined Over $2 Billion

The founder of China Evergrande Group, Xu Jiayin, also known as Hui Ka Yan in Cantonese, has been sentenced to life imprisonment for a litany of financial crimes, including large-scale…