Tue, 21-Oct-2025

Cargo plane crashes into sea at Hong Kong airport, killing 2 on ground

Cargo plane crashes into sea at Hong Kong airport, killing 2 on ground.

A cargo aircraft operated by Emirates SkyCargo crashed into the sea near Hong Kong International Airport early Monday morning, killing two ground personnel after colliding with a security vehicle during landing. The Boeing 747 freighter, operating as flight EK9788 on behalf of AirACT, was arriving from Dubai when it veered off the runway at approximately … Read more

Minister of State Bilal Bin Saqib attend at Bitcoin Asia Conference

Minister of State

HONG KONG: Minister of State for Crypto and Blockchain Bilal Bin Saqib represented Pakistan at the recent Bitcoin Asia Conference held in Hong Kong. Speaking on the occasion, Bilal Bin Saqib stated that Pakistan is carving out a new global identity through crypto-currency. He further highlighted that with the establishment of the Pakistan Virtual Assets … Read more

Updated NICOP fee in PKR, USD for Hong Kong – August 2024

NICOP latest fee in Pakistan for Saudi Arabia- August 2024

Pakistani citizens intending to travel to Hong Kong for employment or any purpose other than tourism are required to obtain a National Identity Card for Overseas Pakistanis (NICOP) from NADRA. Benefits of NICOP The holder of the NICOP can enjoy the following benefits: – Visa-free entry into Pakistan on a foreign passport. – Protection of … Read more

Three individuals charged with assisting Hong Kong intelligence service

Three individuals charged with assisting Hong Kong intelligence service

Metropolitan Police clarified the Hong Kong investigation is unrelated to a separate case involving Russia. Authorities detained 11 people under section 27 of the National Security Act. Commander Dominic Murphy reassured the public that there was no wider threat. Authorities have charged three men under the National Security Act for aiding the Hong Kong intelligence … Read more

Hong Kong authorities create the largest ever gold smuggling bust

Hong Kong authorities create the largest ever gold smuggling bust

Hong Kong authorities intercepted and seized 146kg of gold, the city’s largest-ever smuggling bust. The precious metal, disguised as machine parts, was estimated to be worth over $10 million. A 31-year-old man was arrested following the interception. Last month, Hong Kong authorities intercepted and seized 146kg of gold, the city’s largest-ever smuggling bust. The precious … Read more

Hong Kong enacts stringent security law amidst controversy

Hong Kong enacts stringent security law amidst controversy

Hong Kong’s leader, John Lee, praised the law’s passing as a historic moment for the city. China’s Vice-Premier Ding Xuexiang emphasized the law’s swift enactment would safeguard national interests. Critics, including Amnesty International’s Sarah Brooks and Human Rights Watch’s Maya Wang. Hong Kong authorities have enacted a stringent security law, deemed necessary for stability, but … Read more

Hong Kong introduces new National Security Law Bill with tougher jail terms

Hong Kong introduces new National Security Law Bill with tougher jail terms

The draft also introduces new laws covering treason, espionage, and external interference. The bill is under scrutiny by foreign diplomats and businesses due to fears it could further erode freedoms in the financial hub. Some investors expressed concern about the desire to fast-track the bill. On Friday, Hong Kong published its draft of a new … Read more

First-ever win: Palestine clinches Asian Cup knockout berth

First-ever win: Palestine clinches Asian Cup knockout berth

Palestine wins first-ever Asian Cup match, 3-0 vs. Hong Kong Oday Dabbagh scores 2 goals, clinching knockout round spot Victory comes after moment of silence disrupted by “Free Palestine” chants Palestine made history on Tuesday by securing their first-ever victory in the Asian Cup competition, defeating Hong Kong 3-0 and clinching a spot in the knockout rounds for … Read more

Hong Kong Police Offer Cash Bounties for Exiled Activists

Hong Kong Police Offer Cash Bounties for Exiled Activists

Hong Kong Police Offer Cash Bounties for Exiled Democracy Activists. US and UK Condemn Hong Kong’s $1 Million Bounties on Democracy Advocates. Defiant Exiled Activists Vow to Continue Amid Hong Kong’s Crackdown. Hong Kong police have placed HK$1 million ($128,000) bounties on five democracy activists living in self-imposed exile, drawing condemnation from the United States … Read more

US state senator cleared of possessing illicit guns in Hong Kong

US state senator Hong Kong

US state senator cleared of possessing illicit guns in Hong Kong. Wilson faced arrest in Hong Kong on October 21 after arriving at the airport. Jeff Wilson mistakenly brought a revolver in his carry-on luggage. A Hong Kong court has acquitted U.S. State Senator Jeff Wilson of illegal firearm possession in the city, provided he … Read more

LGBTQ+ Wins Equal Housing Rights Battle in Hong Kong

LGBTQ+ Wins Equal Housing Rights Battle in Hong Kong

Hong Kong Court of Appeal rejects bid to deny public housing to same-sex couples. Government’s actions labeled “discriminatory.” Victory for LGBTQ+ rights in Hong Kong. In a significant development for LGBTQ+ rights in Hong Kong, a government attempt to block same-sex married couples from accessing public housing has been rejected by the Hong Kong Court … Read more

Typhoon Koinu Strikes Hong Kong Again

Typhoon Koinu

City issues second-highest storm warning. Previous hit a month ago, triggering top alert. Current impact: rain, strong winds, closures. The city of Hong Kong issued its second-highest storm warning signal, forcing the closure of some transportation services and schools as Typhoon Koinu passed over the financial center, bringing rain and strong winds. Typhoon Koinu hit … Read more

Pakistan through to men’s squash team final at Asian Games

Pakistan through to men's squash team final at Asian Games

Pakistan men’s squash team defeats Hong Kong, secures spot in final. Kishmala Talat wins bronze medal in 10m Air Pistol, Pakistan’s first medal in shooting at Asian Games. Talat’s victory marks a historic achievement for Pakistan at the Asian Games. In a thrilling first semi-final match, Pakistan triumphed over Hong Kong with a 2-1 victory, … Read more

Hong Kong Crypto Company Faces $200 Million Loss

Hong Kong Crypto Company Faces $200 Million Loss

Hong Kong Cryptocurrency Firm Records a $200 Million Loss in the Current Year Maxine, a cryptocurrency company based in Hong Kong, reported a staggering $200 million loss due to a recent cyberattack. The breach, which took place yesterday, saw hackers infiltrate the company’s network and make off with cryptocurrency assets valued at $200 million.

In a social media statement, Maxine informed its users that money transfers are temporarily disabled on their platform. However, they assured users that services will be restored soon. Maxine’s primary function is to facilitate the transfer of digital assets, and it boasts a user base of one million individuals, as stated on its website.

Conversely, according to a Blockchain Research Firm, this $200 million heist ranks as the 10th largest cryptocurrency theft in history and stands as the largest such incident in 2023. For context, in the preceding year of 2022, hackers managed to pilfer a staggering $3.8 billion worth of cryptocurrency.

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Asian Games 2023 open with spectacular ceremony

Asian Games 2023 open with spectacular ceremony

Spectacular Opening: 2023 Asian Games in Hangzhou blended culture and tech. President Xi: Xi Jinping highlighted regional cooperation. Pakistan’s Team: 262 athletes led by GM Bashir competed. The 2023 Asian Games kicked off with a spectacular opening ceremony held at the Hangzhou Olympic Sports Centre in China, combining China’s rich cultural heritage with modern technology … Read more

Hong Kong influencer arrested for promoting unlicensed crypto exchange

crypto exchange

Hong Kong police have apprehended Joseph Lam Chok, a well-known social media influencer and insurance manager, under suspicion of promoting an unlicensed cryptocurrency exchange named JPEX. Lam Chok faces allegations of actively encouraging investors to create accounts on JPEX and convert their funds into crypto. This arrest follows a wave of complaints against JPEX, with … Read more

Record Rains Batter Hong Kong, Cause Widespread Flooding

Record Rains Batter Hong Kong, Cause Widespread Flooding

Heavy rainfall in Hong Kong and southern China causes widespread flooding. Streets, subway stations, and shopping centers were submerged. Over 100 people were hospitalized, and numerous rescue operations are underway. Hong Kong and several cities in southern China are grappling with severe flooding due to the heaviest rainfall in over 140 years. The situation escalated … Read more

Heavy Rainfall Causes Flooding in Hong Kong and Shenzhen

Heavy Rainfall in Hong Kong

Streets and subway stations in Hong Kong flooded; schools forced to close. Neighboring tech hub Shenzhen experiences heaviest rains on record since 1952. Hong Kong’s stock exchange suspends all trading for the day. Hong Kong experienced its most substantial rainfall in nearly 140 years on Friday, inundating the city’s streets and some subway stations and … Read more

Super Typhoon Saola Disrupts Hong Kong and Shenzhen

Typhoon Saola Saola Disrupts

Hong Kong may raise its typhoon warning to the highest level, T10. Mainland China also issues top-level typhoon warning for Saola. Residents brace for disruptions, with memories of past typhoons affecting daily life. Super Typhoon Saola posed a significant threat to southern China, bringing some of the region’s strongest winds. As a result, the major … Read more

Katrina Kaif’s Missing Male Influence: A Vacuum of Emotions

Katrina Kaif's
  • Katrina Kaif, the popular Bollywood actor, has spoken candidly about the absence of a father figure in her life.
  • Her parents, Suzanne Turquotte and Mohammed Kaif separated when she was young.
  • She expressed a desire for her future children to have the opportunity to experience the presence of both parents in their lives.

Katrina Kaif, the popular Bollywood actor, has spoken candidly about the absence of a father figure in her life. Her parents, Suzanne Turquotte and Mohammed Kaif separated when she was young, leaving her without a strong male influence. In a heartfelt interview with Filmfare in 2019, Katrina admitted that not having a father figure created a certain void in her life, making her feel vulnerable.

Reflecting on her own experiences, Katrina shared that during difficult times, she often thought about those who have the unconditional love and support of a male figure. She expressed a desire for her future children to have the opportunity to experience the presence of both parents in their lives.

Despite the challenges she faced, Katrina maintains a close bond with her mother and siblings. She has six sisters—Stephanie, Christine, Natasha, Melissa, Sonia, and Isabel—and a brother named Michael.

Born in Hong Kong and raised in different countries before settling in London, Katrina began her journey in the entertainment industry as a successful model. She made her Bollywood debut in 2003 with the film Boom, but it failed to make a mark. However, she soon gained recognition with movies like Maine Pyaar Kyun Kiya. (2005) and Namastey London (2007), which established her as a prominent actress in the industry.

As Katrina turns 40, she continues to thrive both personally and professionally. She recently tied the knot with actor Vicky Kaushal in December 2021. The couple was spotted at the Mumbai airport, presumably heading for a private celebration to mark her birthday.

On the work front:

Katrina has some exciting projects lined up. She will star alongside Salman Khan in the highly anticipated film Tiger 3, scheduled for release on Diwali 2023. Additionally, she is set to appear in Sriram Raghavan’s Merry Christmas, opposite Vijay Sethupathi, and Farhan Akhtar’s Jee Le Zaraa.

Through her journey in the film industry, Katrina Kaif has emerged as a resilient and accomplished actor, drawing strength from her experiences and using her platform to inspire others.

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Whistleblower doctor who exposed China’s Sars cover-up dies

China
  • Former military surgeon who exposed China’s cover-up has passed away.
  • Due to his constant outspokenness, he was once placed under house arrest.
  • “He broke China’s habit of silence and forced the truth of Sars into the open.”

Jiang Yanyong, a former military surgeon who exposed China‘s cover-up of the Sars epidemic in 2003, has passed away at the age of 91.

He passed away from pneumonia on Saturday, according to reports from Hong Kong media in Chinese.

After Dr. Jiang wrote a letter in the early stages of the Sars crisis that revealed officials were downplaying the threat, he received praise for saving lives.

However, due to his constant outspokenness, he was once placed under house arrest.

In 2003, Sars infected more than 8,000 individuals worldwide. According to statistics from the World Health Organization (WHO), 774 of these people died.

In April 2003, Dr. Jiang was working in a Beijing hospital when he heard the Chinese health minister telling the public that there were only a few cases of a new, lethal respiratory disease.

The senior specialist said he realized in excess of 100 individuals had Sars – extreme intense respiratory condition – in military medical clinic wards alone.

He wrote a letter to Chinese state broadcasters exposing the official narrative’s lies, but they ignored it. However, foreign media obtained the letter and published his entire account.

The WHO took action as a result of his revelations and the Chinese government’s admission that it had provided false information.

Overnight, strict containment measures were implemented to slow the virus’s spread.

Both the health minister of China and the mayor of Beijing at the time were fired as a result of his actions.

He stated about his actions, “I felt I had to reveal what was happening, not just to save China, but to save the world.”

Dr. Jiang again put Beijing to the test the following year. He demanded that the Chinese Communist Party (CCP) acknowledge that the 1989 crackdown on Tiananmen Square protesters was unjustified and that hundreds or even thousands of civilians had been killed.

That night, he wrote about working as a surgeon in Beijing. “Acting in frenzied fashion, using tanks, machine guns, and other weapons to suppress the totally unarmed students and citizens,” he wrote in a letter.

He asserted that the CCP’s view of the protests as a counter-revolutionary riot would “increasingly disappoint and enrage” common Chinese. He wrote, “Our party must address the mistake it has made.”

He and his wife, Hua Zhongwei, were later taken into custody, but Dr. Jiang remained unfazed about the subject for years. In 2019, he wrote a letter to Chinese President Xi Jinping condemning the “crime” of the Tiananmen Square crackdown.

Born into a wealthy banking family in the eastern city of Hangzhou in 1931, Dr. Jiang chose medicine after witnessing his aunt’s death from tuberculosis. According to the South China Morning Post, he is survived by his wife, a son, and a daughter.

He was awarded a number of civil honors throughout his lifetime for his public positions, including the Ramon Magsaysay Award for Public Service in 2004.

The award citation stated, “He broke China’s habit of silence and forced the truth of Sars into the open.”

Dr Jiang’s experience has drawn correlations with China’s underlying way to deal with the Coronavirus episode.

In December 2019, an eye doctor in Wuhan named Li Wenliang tried to warn people about a “Sars-like virus,” but police found him guilty of “spreading rumours.”

Dr. Li posted on Chinese social media that he questioned why authorities claimed that no medical staff had been infected after becoming ill with Covid. Dr Li passed on from the infection in February 2020.

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UN wants China to take action on human rights issues

China
  • The UN human rights chief demanded action from Beijing.
  • Turk has been under pressure from Western nations and rights organizations to take a firm.
  • “All legitimate rights and freedoms of Hong Kong people are better protected”.

Volker Turk, the UN human rights chief, demanded action from Beijing on Tuesday to address “grave concerns” about the human rights situation in China’s Xinjiang province.

Following a bombshell report by his predecessor that cited possible crimes against humanity in the far-western region, Turk has been under pressure from Western nations and rights organizations to take a firm stance on Xinjiang.

Turk stated in his main speech to the current UN Human Rights Council session that the UN is concerned about the protection of minorities such as Uyghurs in Xinjiang and Tibetans.

“Regarding China, we have opened up channels of communication with a range of actors to follow up on a variety of human rights issues,” Turk said.

“In the Xinjiang region, my office has documented grave concerns — notably large-scale arbitrary detentions and ongoing family separations — and has made important recommendations that require concrete follow-up.”

Turk also expressed concern about Hong Kong’s far-reaching national security law, which was enacted in 2020 to quell dissent following massive and often violent pro-democracy demonstrations.

“We also have concerns about the severe restriction of civic space more generally, including the arbitrary detention of human rights defenders and lawyers, and the impact of the National Security Law in Hong Kong,” he said.

The allegations of torture are ‘credible’

Turk made the remarks during his first set-piece speech to the UN Human Rights Council in Geneva since taking office as UN High Commissioner for Human Rights in October.

Turk’s predecessor, Michelle Bachelet, released a long-awaited report on Xinjiang just 13 minutes before her term ended on August 31.

It detailed a slew of human rights violations against Uyghurs and other Muslim minorities, highlighting “credible” claims of widespread torture, arbitrary detention, and violations of religious and reproductive rights.

Beijing strongly denies the allegations and maintains that it is running vocational training centres in the region to combat extremism.

In response to Turk’s speech, Chinese ambassador Chen Xu stated that human rights in Xinjiang were “well protected” as a result of Beijing’s efforts to combat terrorism and radicalization.

“Xinjiang and Tibet enjoy continuous economic growth, harmonious and stable society, constantly improved livelihood, prosperous culture, peaceful co-existence of all religions and unprecedented achievements in human rights development,” he said.

Furthermore, “all legitimate rights and freedoms of Hong Kong people are better protected” since the implementation of the National Security Law.

Western countries, led by the United States, attempted to hold a debate on the Xinjiang report at the Human Rights Council last October.

Despite intense Chinese lobbying among the 47 members of the UN Security Council, nations voted 19-17 against discussing the findings, with 11 abstaining.

US ambassador Michele Taylor urged the council Tuesday to “take action to address the egregious and ongoing violation of human rights in Xinjiang”.

Meanwhile, British Ambassador Simon Manley urged Beijing to “stop denying the facts and engage seriously and constructively” with Turk’s office’s recommendations.

Human Rights Watch’s Geneva director, Hilary Power, urged the council to look into “sweeping rights abuses in China, including in Xinjiang,” noting that this call had “been made by hundreds of other NGOs from all regions and numerous UN experts.”

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Death and dismemberment of a Hong Kong model resurfaces memories of earlier horrors

Hong Kong
  • Abby Choi’s anatomical genitalia was discovered.
  • It has brought up painful memories of previous occurrences of anatomization in the city.
  • Such occurrences are extremely rare in Hong Kong.

Hong Kong’s postcard image is one of arrant skyscrapers next to bountiful mountains, dim sum eateries, and advanced bankers in suits.

Nevertheless, in recent weeks, the global financial hub has been in the news for something darker: the afterlife of archetype and influencer Abby Choi, whose burst anatomical genitalia was discovered alternate with a meat slicer and an electric saw in a rental assemblage after most months.

The death of the 28-year-old mother has not alone shocked a city that has repeatedly been listed as one of the safest in the world, but it has also captivated much of the world’s media with the heinousness of her declared murder.

For Hong Kongers, it has also brought up painful memories of previous occurrences of anatomization in the city, many of which targeted adolescent females and were almost all committed by men.

There was the purported “Hello Kitty” homicide in 1999, in which 23-year-old Fan Man-yee was abducted by her associates and brutally bent for a month before her death and mutilation. Her skull was eventually stitched central a Hello Kitty expensive doll.

There were four ladies, the youngest of whom was 17 years old, who were killed by an auto disciplinarian who preserved their burst anatomical genitalia in jars before his arrest in 1982. Wong Ka-mui, 16, was once deadened and burst in 2008, and her charcoal fire bottomward a toilet.

In 2013, Glory Chau and Moon Siu were murdered and burst by their 28-year-old son, a monstrosity described as “evil” and “absolutely hideous” by the adjudicator.

Each murder was followed by reams of account. Despite the public spotlight, experts say such occurrences are extremely rare in Hong Kong, a city with a shockingly low rate of agitated abomination for its 7.4 million residents.

There were four ladies, the youngest of whom was 17 years old, who were killed by an auto disciplinarian who preserved their burst anatomical genitalia in jars before his arrest in 1982. Wong Ka-mui, 16, was once deadened and burst in 2008, and her charcoal fire bottomward a toilet.

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In 2013, Glory Chau and Moon Siu were murdered and burst by their 28-year-old son, a monstrosity described as “evil” and “absolutely hideous” by the adjudicator.

Each murder was followed by reams of account. Despite the public spotlight, experts say such occurrences are extremely rare in Hong Kong, a city with a shockingly low rate of agitated abomination for its 7.4 million residents.

Roderic Broadhurst, an emeritus criminology assistant at Australian National University who was previously located in Hong Kong, where he founded the Hong Kong Centre for Criminology, thought there had been a dozen or more anatomization cases in the burghal over the previous 50 years.

Phillip Beh, a semi-retired forensic pathologist who previously worked for the Hong Kong police, cited a much lower estimate, claiming he could anamnesis less than 10 such cases in his 40-year career.

Both experts highlighted that Hong Kong is still safe and that these figures are relatively low. Moreover, Hong Kong’s acceptance of protection meant that the few incidents that did result in action left a bigger “imprint” on the city, according to Broadhurst.

But both also appropriate the abominable attributes of these accomplished cases – in particular, the dismembering of limbs – reflect the realities of activity in Hong Kong.

Simply put, it is much more difficult to adumbrate anatomy in the highly populated metropolis, which is home to tiny apartments and any of the world’s many densely populated areas.

Because of the abundant amplitude and accessible terrain, somebody attempting to actuate anatomy in rural Australia, Canada, or the United States has “an actual acceptable adventitious of getting abroad with it,” according to Beh.

In Hong Kong, however, this is not the case.

“These are about humans who are trying to get abroad with a crime, about declining to do so,” answered Beh.

A Hong Kong analgesic will more often than not alive aural alone a few anxiousness of dozens of humans who could atom them seeking to actuate of a body – prompting anytime to aurora victims into abate genitalia for disposal.

“Most humans alive in accommodation blocks on high of each other. We don’t have folks with houses and areas you can go out and dig an aperture and try to casket a body,” Beh said. “You’re never really alone; your neighbors are aloft you, below you, abutting to you. Anything out of the often will bolt someone’s attention.”

A Hong Kong analgesic will more often than not alive aural alone a few anxiousness of dozens of humans who could atom them seeking to actuate of a body – prompting anytime to aurora victims into abate genitalia for disposal.
Broadhurst concurred, pointing out that in apartment complexes, an assassin may have to enter an elevator shared by more than 100 households just to reach outside.

Some antecedent cases feature sophisticated killers who adapted or above anatomical genitalia – abilities that have alarmed the public, and which are acceptably exacerbated by false tales surrounding incidents such as the 1985 “pork bun murders” in adjoining Macao. According to the burghal story (and the film it inspired), a guy killed ten ancestors, including the owners of a restaurant, and served them up in buns.

Yet, in many cases, the acumen is significantly more mundane, according to Beh.

In Hong Kong’s subtropical, hot environment, “the aroma of the anatomy actually bound captures attention,” he explained, which is why killers could attempt to eliminate the aroma by destroying burst sections.

As for why these murders didn’t adopt tactics commonly seen in other nations – freezing the body, auctioning it in the baptize backward at night – Hong Kong’s body provides even another challenge.

Apartments in its exorbitantly priced apartment market are typically too small and inconvenient for large appliances or kitchen appliances.

“Very few folks have large refrigerators at home,” Beh said. “Even beneath have freezers. You can’t alike accumulate the anatomy if you capital to.”

He added that the aforementioned absence applies to cars – and appropriately the aforementioned adversity in carefully alteration a body.

Few associations own cartage back barrio with places to esplanade are at exceptional – in 2019, a parking amplitude awash for about $1 million dollars, an almanac – and the burghal has an extensive, able accessible alteration arrangement anyway.

These blended factors could explain assorted cases over the years of killers acclimated bizarre, aberrant methods to accord with their victims’ bodies – such as the woman murdered by her bedmate in 2018 and her anatomy kept in a suitcase, or the 28-year-old man whose anatomy once began in a block of adhesive in 2016.

“We live in an abode area essentially, if you have dead someone, your abutting actual acute catechism is: What do you do with the body?” Beh said.

“There are actually few options.”

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Hong Kong lifts its mask mandate after 945 days

Hong Kong

Hong Kong has removed the mask requirement for the Covid virus. But many locals still wear them in public settings. Although wearing a mask has never been required in Japan, most individuals do. One of the longest-standing Covid restrictions worldwide has been eliminated with Hong Kong‘s removal of the mask requirement. According to John Lee, … Read more

Adani receives $3 billion in credit from a sovereign wealth fund

Adani Group
  • India’s Adani Group has informed creditors that it has secured a $3 billion loan from a sovereign wealth fund.
  • Seven listed Adani Group companies have lost more than $140 billion in market value.
  • India’s banking and market regulators, as well as the government have launched investigations.

According to two sources familiar with the situation, India’s Adani Group has informed creditors that it has secured a $3 billion loan from a sovereign wealth fund, as the embattled conglomerate seeks to alleviate debt concerns following a short-seller attack.

According to the sources, the sovereign wealth fund’s credit line could be increased to $5 billion, citing a memo distributed to participants as one of the highlights of a three-day investor roadshow that concluded on Wednesday.

The identity of the sovereign wealth fund was not disclosed in the memo. According to a third person familiar with the situation, Adani’s management informed investors that it was from the Middle East.

The sources declined to be identified because they were not authorized to speak with the media. Adani’s spokesperson did not immediately respond to a request for comment from Reuters.

Following the reports, shares in Adani group companies rose 14.7% and 4.9%, respectively, in a broader Mumbai market (.NSEI) that gained 0.9%.

Adani’s new credit comes just a day after group management told bondholders that it expected to prepay or repay share-backed loans worth $690 million to $790 million by the end of March.

These plans were revealed as the group held a fixed-income roadshow in Singapore and Hong Kong this week to reassure investors amid steep share price drops and regulatory probes.

Seven listed Adani Group companies have lost more than $140 billion in market value combined since a Jan. 24 report by sources alleged stock manipulation and improper use of tax havens, and flagged concerns over debt levels.

Adani, led by billionaire Gautam Adani, has denied all allegations of wrongdoing.

The short-seller attack has snowballed into Adani’s most serious business and reputational challenge yet. Adani’s fortunes have risen rapidly in recent years as he expanded his group’s business interests.

To reassure investors, India’s banking and market regulators, as well as the government, have launched investigations.

According to one of the sources, Adani management stated on the final day of the roadshow in Hong Kong that a portion of the $3 billion in credit from the sovereign wealth fund has already been used to repay some of Adani’s share-backed loans.

The management of the ports-to-airport conglomerate also sought to reassure investors that it has enough cash to prepay a large portion of its debts, including onshore bonds, and that it has already begun doing so, according to a source.

However, for offshore bonds, including some three-year US bonds, the group is not allowed to prepay and has no plans to buy them back because it needs to maintain a certain cash level to maintain credit ratings, according to the source.

Adani also held bondholder calls last month in an attempt to assuage investor concerns, during which group executives revealed refinancing plans for some of its units as well as plans to completely pre-pay all loans against shares.

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Family and friends of Abby Choi pay their last respects as the investigation continues

Abby Choi
  • Friends and family of Hong Kong model Abby Choi paid their respects on Tuesday.
  • According to sources, the Kowloon City Magistrates’ Court denied bail to all the four suspects on Monday.
  • Choi, who has over 100,000 Instagram followers, was recently featured as the digital cover model.

Friends and family of Hong Kong model Abby Choi paid their respects on Tuesday at the scene where police say they discovered what they believe to be the socialite’s dismembered body parts, according to sources.

 

According to sources, Choi’s mother and widower lit incense and brought Taoist paper offerings used in traditional funeral rites outside the village house on the city’s outskirts.

Alex Kwong, 28, Choi’s ex-husband, Anthony Kwong, 31, and their father, Kwong Kau, 65, are charged with her murder. Jenny Li, Alex Kwong’s mother, has been charged with perverting the course of justice, according to reports.

According to sources, the Kowloon City Magistrates’ Court denied bail to all four on Monday. They have not yet entered a plea.

According to police, on Sunday, investigators discovered a skull, several ribs, and hair believed to be Abby Choi‘s remains in a large stainless steel soup pot. Other body parts, such as Choi’s torso and hands, are still missing. The police investigation is still underway.

It comes after a police investigation that began on Wednesday after Choi, 28, went missing. Parts of her body were discovered two days later at the house in the city’s Tai Po district, according to police. Police also discovered a meat slicer, an electric saw, and some clothing at the residence.

Choi, who has over 100,000 Instagram followers, was recently featured as the digital cover model for luxury magazine L’Officiel Monaco and attended this year’s Paris Fashion Week.

The investigation’s grisly details dominated headlines in local media, and thousands of people left condolences on Choi’s social media accounts.

Choi’s ex-husband appeared in court on Tuesday for allegedly jumping bail on charges of stealing jewellery between May 2013 and January 2015. According to reports, Alex Kwong pleaded not guilty to seven counts of theft but skipped his trial.

The case was adjourned on Tuesday and Kwong was taken back into custody.

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Ex spouse of Abby Choi charged in heinous Hong Kong murder

Abby Choi

Abby Choi’s ex-husband and former in-laws appeared in court. Kwong’s mother, 63, was accused of impeding the investigation. Bail was denied to all of them. Choi and her former in-laws had many money conflicts involving “huge sums”. After being charged in connection with her death, Hong Kong socialite Abby Choi‘s ex-husband and former in-laws appeared … Read more