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Asia Casino News │ ACN东方博彩新闻

Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

Are Hong Kong property tycoons China’s next target?

September 23, 2021 Crime & Legal

FOR ANYONE who wasn’t paying attention, China is serious about its common prosperity drive. Aiming to rein in billionaires and reduce income inequality, regulators have cracked down on tech giants and mainland real estate developers alike, costing shareholders over $1 trillion along the way. Last week, officials set their eyes on the territory of Macau, the world’s biggest gambling hub. Can Hong Kong’s property tycoons remain unscathed much longer?

Source: https://www.bworldonline.com/are-hong-kong-property-tycoons-chinas-next-target/
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