Hong Kong banks slash property valuations

HONG KONG: Banks in Hong Kong are aggressively cutting property valuations as the city’s housing market weakens, threatening to fuel a downward spiral in prices, according to brokerage CLSA Ltd. “The ... ( read original story ...)

Belgium sues HK company after phone scam

A subsequent investigation discovered that out of the total sum lost, some 169,000 euros wound up in the HSBC account held by GDL, and on September 28, 2017, the office filed a fraud report to the Hon... ( read original story ...)