Reuters: Bank account freezes in Hong Kong rekindle worries about asset safety
Wed December, 2020, Age: 3 years
Police in Hong Kong asked banks to freeze the accounts of veteran activist Ted Hui and his family members last week, while the account of a local church was also blocked this week, all on suspicion of money laundering. The cases involved bank accounts at HSBC, among others. The actions, while still limited, have triggered concerns that asset freezing could be used more widely against Beijing opponents in Hong Kong to crack down on dissent, the people said.