Guns Pulled After Car Chase But No Shots Fired
"); jQuery("#212 h3").html("

"); });
2020-05-15 HKT 12:00
Three police officers drew their guns at a driver at the end of a half-hour car chase through Kowloon in the early hours of Friday morning, though no shots were fired.
Police say a traffic officer started giving chase after noticing a vehicle swerving down a Mei Foo street.
After a lengthy pursuit, the vehicle came to a stop when it tried and failed to squeeze by a taxi that was stopped at a traffic light at the intersection of Cheung Sha Wan Road and Tai Po Road.
Instead, the car ended up being wedged in between the taxi and a set of road railings.
Officers then surrounded the vehicle, and drew their weapons.
However, the man was taken into custody without any shots fired, and was taken to hospital.
The taxi driver was slightly hurt in the accident, and his car was left dented.
Police say an initial investigation found that the private car had been stolen and bore a fake license plate.
Chinese Regulator Approves Citis Plan For Its Own Securities Firm
Citi has received approval from the China Securities Regulatory Commission (CSRC) to set up a wholly owned capital mark... Read more
HSBC RedCoin Debuts On PayMe With Wider Stablecoin Rollout Planned
HSBC has launched HSBC RedCoin, its first stablecoin, on the PayMe mobile payment app in Hong Kong. Denominated in Hong... Read more
Unlimit Joins Hong Kong Governments Strategic Enterprise Partners
Unlimit has signed a partnership agreement with the Hong Kong Government, which named the global financial infrastructu... Read more
Is Your Crypto Safe If Your Custodian Goes Bankrupt?
No institution moves into digital assets until it knows who will hold them and what happens to those assets if that cus... Read more
EleBank Opens First Physical Store In Hong Kong
Hong Kong digital bank EleBank has opened its first physical store in Causeway Bay as it expands beyond online banking ... Read more
Taiwan Blocks Grabs US$600 Million Foodpanda Acquisition
Taiwan’s Fair Trade Commission (FTC) has blocked Grab’s proposed US$600 million acquisition of Delivery Hero’s fo... Read more