The collapsed Hong Kong Mercantile Exchange sank deeper into crisis yesterday with the threat of eviction from its premises for failing to pay some HK$7 million in rent.Friday, 14 June, 2013, 4:14am 2 comments
A Malaysian man faced Eastern Court yesterday over an allegedly fake bank document involving US$516 million that was discovered in a probe into the collapse of the Hong Kong Mercantile Exchange (HKMEx).
Ong Shen Kuo, 59, is the seventh person arrested in the case.11 Jun 2013 - 3:45am
Protect historic treasures of To Kwa Wan
As a resident of Hong Kong I have come to care deeply for this city.
Part of what makes it such a wonderful place to live in lies in the character of its distinct neighbourhoods. To Kwa Wan is among these.8 Jun 2013 - 2:11am
The demise of the Hong Kong Mercantile Exchange (HKMEx) would not affect the city's development of commodities trading, according to the Secretary for Financial Services and the Treasury Chan Ka-keung.7 Jun 2013 - 3:46am
The failed Hong Kong Mercantile Exchange (HKMEx) could come under further scrutiny after Liberal Party leader James Tien Pei-chun suggested launching an inquiry into the company under the Legislative Council's power and privileges ordinance.6 Jun 2013 - 3:47am
In politics, conspiracy theories are rife. They have sprung powerfully into life since Barry Cheung Chun-yuen, an Executive Council member and top aide to Chief Executive Leung Chun-ying, was forced to quit all his public positions during the inquiry into the collapse of the Hong Kong Mercantile Exchange, which he founded.3 Jun 2013 - 7:14am 1 comment
My college professor used to say, "My best advice in life is this: quit while you're ahead". It's great advice for people in every walk of life. But some of our politicians seem to live by a different adage, that of rapper MC Hammer: too legit to quit. Take Barry Cheung Chun-yuen and Franklin Lam Fan-keung, both being investigated for wrongdoing. Cheung finally resigned from his position as an executive councillor a week ago while Lam is on indefinite leave from Exco.3 Jun 2013 - 2:32am 2 comments
The anti-corruption chief has been asked to investigate allegations that former executive councillor Barry Cheung Chun-yuen borrowed HK$70 million from a developer while chairman of the Urban Renewal Authority.1 Jun 2013 - 3:38am 2 comments
The chairman of the failed Hong Kong Mercantile Exchange Barry Cheung Chun-yuen denied yesterday that he had sought help from a triad-linked businessman and a developer to resolve his company's financial crisis.30 May 2013 - 4:15am
Police probing the collapse of the Hong Kong Mercantile Exchange (HKMEx) are concerned that their criminal investigation could be hampered by the Securities and Futures Commission's (SFC) own inquiry into the failed trading platform.29 May 2013 - 5:37am 1 comment
Chief Executive Leung Chun-ying has dismissed the need to reshuffle the Executive Council and replace Barry Cheung Chun-yuen after his resignation.
Leung also stressed that his earlier decision to reappoint Cheung as chairman of the Urban Renewal Authority had been "fair and normal".29 May 2013 - 5:37am 1 comment
In March last year CY Leung's victory in the "election" of the chief executive was celebrated on the website of Hong Kong-listed Russian aluminium company Rusal. This was because Barry Cheung Chun-yuen, then Rusal's chairman, played a significant part in CY's campaign.29 May 2013 - 2:51am
The alleged discovery of fake bank guarantees during the police investigation into the collapse of the Hong Kong Mercantile Exchange has baffled financial analysts.28 May 2013 - 3:32am
A pro-government organisation's plan to unveil itself as a think tank is believed to have been derailed after one of its founding members, Barry Cheung Chun-yuen, came under police investigation over his failed Hong Kong Mercantile Exchange.28 May 2013 - 3:20am 3 comments
Five arrested, three charged, and its chairman Barry Cheung Chun-yuen having to quit all public posts, including that in the Executive Council. The unravelling of the scandal-ridden and short-lived Hong Kong Mercantile Exchange has not been any less dramatic than a film.28 May 2013 - 3:52pm