Two Men Arrested In HK$25 Million Drug Bust
"); jQuery("#212 h3").html("

"); });
2022-06-09 HKT 22:13
Police said on Thursday they seized about HK$25 million worth of suspected meth, and arrested two men in relation to the case.
Officers said they took action on Wednesday after they discovered that a syndicate had stored a large amount of drugs in a residential flat in Hung Hom.
They said 48kg of suspected methamphetamine – disguised as tea – was found in the operation, after they stopped and searched a suspicious-looking man who came out of a flat.
Officers said the man rented the unit to store and distribute the drugs, as instructed by the syndicate.
The second man, who officers believe is the group’s mastermind, was arrested in Ma On Shan.
Circle CEO Says China Could Launch Yuan Stablecoin In 3 To 5 Years As Trade Grows
Circle CEO Jeremy Allaire predicts that China could roll out a yuan stablecoin within three to five years to expand the... Read more
Naver IPO Timeline Set As Dunamu Merger Targets Nasdaq Debut
Preparations for a Naver IPO are underway following an agreement between Naver Financial and cryptocurrency exchange op... Read more
TransUnion Urges Lenders To Rethink Credit Risk For Gig Workers In Hong Kong
TransUnion is urging lenders to update their risk assessment models, revealing that gig workers in Hong Kong exhibit st... Read more
Citi And Endowus Roll Out HK$4,000 Wealth-Linked Credit Card Campaign
Citi and digital wealth platform Endowus have launched a joint credit card promotion in Hong Kong, expanding the Citi E... Read more
Aspire Secures SFC License In Hong Kong To Launch SME Yield Product
Singapore-headquartered fintech Aspire has secured three financial licenses from the Securities and Futures Commission ... Read more
Why Stablecoins May Become The Backbone Of 24/7 Global Trade
Stablecoin transaction volumes surged 72% in 2025, reaching a record US$33 trillion and signalling growing institutiona... Read more
