Shenzhen Informer

HK6 billion hole reveals Shenzhen's illicit carry trade On Monday the Hong Kong government's Census and Statistics Department published trade numbers showing that in April the city imported HK$ 160 billion worth of stuff from the mainland. "Big deal", you are probably thinking. "That has got to be the world … Read more on South [...]

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Shenzhen Investment to Buy Land for 4.15 Billion Yuan Shenzhen Investment will issue 1.41 billion new shares to fund the purchase, boosting Shum Yip's stake in Shenzhen Investment to 59.7 percent from 44.4 percent, according to a Hong Kong stock exchange filing yesterday. After increasing its stake, Shum … Read more on Bloomberg

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Shenzhen official being probed for assets worth two billion yuan A village deputy head has been suspended from his office and is being investigated for allegedly owning more than 80 properties and 20 cars, valued at over 2 billion yuan (HK$ 2.47 billion), a district-level government spokesman in Shenzhen said yesterday. Read more on South [...]

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