Hong Kong court freezes HK$9 billion in assets and properties tied to Chen Zhi

by | May 14, 2026 | Asia

A Hong Kong court has ordered the freezing of properties and assets worth more than HK$9 billion (US$1.15 billion) held by detained Chinese-born Cambodian businessman Chen Zhi and companies and individuals tied to him, the South China Morning Post has learned.
A source told the SCMP on Thursday that the High Court had ordered a restriction on such properties earlier this month following an application from the Department of Justice involving Chen, who is accused of running a sprawling online…

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Written by Albert Pham, News Curator and Blogger

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