Hong Kong is becoming hub for financial crime, US lawmakers say

Quick Summary:

In a letter, US lawmakers have asked Treasury Secretary Janet Yellen to rethink ties with Hong Kong’s banking sector.

Hong Kong’s trade office in New York could not be immediately reached for comment.

The US Treasury Department did not immediately respond to Reuters’ requests for comments.

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Article Details

Author / Journalist: Reuters

Category: Business

Markets: Hong KongChinaNorth KoreaUkraine

Topics: Representatives Treasury Sector Yellen Kong Letter Banking Kong’s Hong Russia House

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 02:48:39 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 234 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23842549

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About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 11 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 38 minutes ago

Coverage Areas: Hong Kong

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News Language: English

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Publisher ID: #42

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