According to Hong Kong 01, the Hong Kong High Court approved the Department of Justice’s application in May to issue restraining orders under the Organized and Serious Crimes Ordinance to 42 individuals and companies, including the founder of the Cambodian Prince Group, CHEN Zhi, and HU Xiaowei, freezing assets totaling HKD 8.938 billion. The frozen assets include 165 bank and securities accounts (cash totaling HKD 4.36 billion, and stocks totaling HKD 550 million) and multiple properties. Among them, CHEN Zhi’s assets in Hong Kong exceed HKD 6.36 billion, including the entire commercial building at No. 68 Kimberley Road, Tsim Sha Tsui, with a market value of HKD 3 billion, and the Mount Nicholson villa at the Peak with a market value of HKD 1 billion.

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