Two Off-duty Police Arrested In Raid On Illicit Bar
"); jQuery("#212 h3").html("

"); });
2021-10-10 HKT 23:03
Police arrested two of their own officers on Sunday, along with 17 other people, in a raid on an alleged unlicensed drinking den in Kwun Tong.
The officers were off duty when they were caught by their colleagues, who raided a number of party rooms and bars in Hing Yip Street at around 3.45am.
People aged between 21 and 26 were arrested on suspicion of drinking alcohol in an establishment without a liquor licence. They also issued fixed penalties for breaches of the gatherings ban.
Police seized beers and spirits worth HK$50,000.
The force said officer conduct was very important and it would take the matter seriously.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more
