
How Shimao’s sale of 2 hotels reveals the growing complexity of Hong Kong debt workouts
By Katherine Langford
South China Morning Post
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The long wait for criminal cases to be heard in Hong Kong’s courts could persist because of a surge in fraud and money laundering litigation, the judiciary has warned, as the Law Society suggested extending sitting hours into the evening. In a paper submitted to the Legislative Council’s panel on administration of justice and legal services, the judiciary said that the total caseload in 2025 reached about 537,000, around 4 per cent higher than the annual average over the previous five years. As...