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04-01-2012, 09:48 AM
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#1 | | RS has made me the bitter person i am today!
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| kwok brothers arrested in HK
surprised this wasn't posted here yet.
now, i'm not an economist major, but i'm curious to see what effect, if any, this will have on china's economy. and ultimately, the world's. Billionaire Kwok brothers arrested in Hong Kong, Sun Hung Kai Properties value plunges
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04-01-2012, 09:55 AM
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#2 | | Rs has made me the woman i am today!
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Nothing, other than their shares tanking which already did on Friday.
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04-01-2012, 09:57 AM
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#3 | | My homepage has been set to RS
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I'm curious as to why/how do you think this will affect the world economy.
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04-01-2012, 10:03 AM
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#4 | | RS has made me the bitter person i am today!
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Originally Posted by shawnly1000  I'm curious as to why/how do you think this will affect the world economy. | well, like i said, i'm no expert by any means, but they are asia's largest real estate developer. event's of smaller scale have been known to spark stock market crashes.
and as i understand it, again, no expert, much of the world's economy is hanging on by china. and china does follow the model for economic crash that has been seen in the past.
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Gold is the money of kings;
Silver is the money of gentlemen;
Barter is the money of peasants;
But debt is the money of slaves.
-Norm Franz
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04-01-2012, 10:06 AM
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#5 | | Even when im right, revscene.net is still right!
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it's nearly impossible to not participate in the corruption when a person owns that much asset, only a few knows how to spell integrity.
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04-01-2012, 10:07 AM
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#6 | | Even when im right, revscene.net is still right!
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Mmmm you know somthing.? Quote:
Originally Posted by shawnly1000 I'm curious as to why/how do you think this will affect the world economy. | | |
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04-01-2012, 10:08 AM
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#7 | | I *heart* Revscene.net very Muchie
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those kwoks are always up to no good..
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04-01-2012, 10:42 AM
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#8 | | Revscene.net has a homepage?!
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-Donald Tsang got shafted for getting a free boat ride from Macau to HK on Sing Tao's owner's yacht.
-Henry Tang got shafted for having an extra basement
-The Kwoks probably got shafted for outdated haircuts?
But seriously, would it even be surprising considering their prominence? They have business interests all over HK and Asia, they're guaranteed high-level access to officials, and they're super rich. It's to easy to cross the line between being nice and being bribed. I guess they're just being unlucky they got caught? or is there some other ulterior motive? Keep in mind, HK officially became part of the China communist system a week or two ago.
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04-01-2012, 11:07 AM
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#9 | | RS has made me the bitter person i am today!
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well, i think people tend to want to believe that wheels were inadequately greased. i don't think that's the case. but who really knows.
here's another interesting article. with more on what you're referring to: Review & Outlook: Hong Kong's Property Bust - WSJ.com
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Gold is the money of kings;
Silver is the money of gentlemen;
Barter is the money of peasants;
But debt is the money of slaves.
-Norm Franz
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04-01-2012, 05:32 PM
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#10 | | Rs has made me the man i am today!
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i think when you have your hands in so many cookie jars its actually really DIFFICULT to remain 'uncorrupted'
the laws surrounding corruption, what can and cannot be done, are so complex when you have so many networks/business dealings that alot of the time it might not even be intentional... i'm sure when you're that wealthy, stealing for a small gain isn't even on your mind
but then again i'm just speculating, my 2c
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04-01-2012, 05:44 PM
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#11 | | I *heart* Revscene.net very Muchie
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| Quote:
Originally Posted by Matsuda those kwoks are always up to no good.. | got into a little trouble in the neighbourhood...
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04-01-2012, 06:22 PM
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#12 | | Raping Captured Dolphins since 2002 on EZ board days
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I wonder if the ICAC will ever go after Li Ka Shing. I hope so, that bastard.
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04-01-2012, 06:33 PM
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#13 | | I only answer to my username, my real name is Irrelevant!
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04-01-2012, 07:41 PM
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#14 | | Hacked RS to become a mod
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Those FUCKING shows lol 
One good thing that comes out of this is that it shows they will go after anyone, no matter how 'big deal' they are.
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04-01-2012, 07:59 PM
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#15 | | SFICC-05*
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Wonder if there'll be any effect to the Aspac developments here.
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Originally Posted by Hyde nammer don't listen to me, they listen to money. do you know how cheap it is to have someone killed in vancouver? let alone a beat down | | |
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04-01-2012, 08:14 PM
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#16 | | I told him no, what y'all do?
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At least they weren't arrested for hitting up DTES hookers.
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http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner
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[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
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04-01-2012, 08:15 PM
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#17 | | Rs has made me the woman i am today!
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Communist party is cleaning house, or so they want the world to think.... their own house is dirty as shit too, but then when someone questions them they fck around and execute a person or two just to show the world they mean business....
but on another note, possible new facepalm gif in the making ? or is he just picking his nose, i cant tell 
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04-01-2012, 08:45 PM
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#18 | | Waxin’ Punks
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Originally Posted by Verdasco got into a little trouble in the neighbourhood... | got into one little fight...
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04-02-2012, 02:00 PM
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#19 | | RS.net, helping ugly ppl have sex since 2001
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Hmmm, should some Hong Kong billionaires be scared of their shady business dealings after the Kwoks got arrested? Time to call the lawyers up?
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04-02-2012, 03:42 PM
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#20 | | I told him no, what y'all do?
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Originally Posted by G-spec but on another note, possible new facepalm gif in the making ? | i thought it was a facepalm at first glance too 
__________________ Feedback
http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner
1 rat shit ruins the whole congee
originalhypa
You cannot live the life of a whore and expect a monument to your chastity | Quote:
[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
[17-09, 12:07]FastAnna glowjob
[17-09, 12:08]FastAnna I like dat
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04-02-2012, 05:08 PM
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#21 | | YOU CANT CUT BACK ON FUNDING! YOU WILL REGRET THIS
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I won't be surprised if it affects Vancouver...
ie: ASPAC Developmens (developers of River Green, Coal Harbour) is owned by these guys
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04-02-2012, 08:33 PM
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#22 | | I *heart* Revscene.net very Muchie
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here what i have been told, kwok brothers goes to look at properties then get another guy to buy it so that the other guy could jack the prices up & then sun hung kai buys it
after the other guy & kwok brothers split the money evenly
now this is private info but long time ago the big brother was kidnapped & after he was release the 2 other brothers pay a famous doctor to make a report that their big bro has psychological problems after the kidnapped, which their mother believe so he was then booted out of the chairman seat
after collecting evidence he now seeks revenge period
now i know this may sound like tv drama but this is how i was told from my aunt where her husband's brothers wife works for them (in hk & vancouver)
__________________ http://i55.tinypic.com/jujz2q.gif Quote:
Originally Posted by hk20000 I went up to a cute chick and asked her if she'd let me take a photo of her for $30 she slapped me, she said to me that "I AIN'T A WHORE!"
But other than that I have seen every car on display in DTP just by cruising about in Richmond, thank you very much for collecting them together and get someone to sing a cover for "fuck you".
OH FUCK YOU OH OH OOOOH~ | Quote:
Originally Posted by Neva wtf man? what the hell kind of women do you go for? spca is for animals not dates... | | |
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04-02-2012, 08:59 PM
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#23 | | I only answer to my username, my real name is Irrelevant!
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^^^ all of the companies especially family ones have their dirty laundry
but the timing of this case is perhaps too much of a coincidence no? with HuJintaos supporters cleaning house of all of Jiang guys
especially with this case occuring just 2 days after Hu's guy winning HK
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04-02-2012, 09:19 PM
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#24 | | Rs has made me the woman i am today!
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^Hu is leaving in 6 months anyway.
The big deal about this case is that a former financial minister is involved with this, basically the highest civil servant in HK history to be "charged" with corruption. They think the minister had relationships with SHK as he was given place to live near happy valley that's worth a 100mil hkd now, of which is owned by SHK. ICAC also suspect that internal files from the gov't may have been given to SHK.
ICAC has been tight lipped about this case, so far no new information has been released but apparently this was in the works for around a year. They delayed the arrest until after the election because they don't want the whole media to say ICAC is manipulating the election and all that communist BS.
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04-02-2012, 10:12 PM
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#25 | | I *heart* Revscene.net very Muchie
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im sure the it was perfectly timed by there big bro for his revenge
__________________ http://i55.tinypic.com/jujz2q.gif Quote:
Originally Posted by hk20000 I went up to a cute chick and asked her if she'd let me take a photo of her for $30 she slapped me, she said to me that "I AIN'T A WHORE!"
But other than that I have seen every car on display in DTP just by cruising about in Richmond, thank you very much for collecting them together and get someone to sing a cover for "fuck you".
OH FUCK YOU OH OH OOOOH~ | Quote:
Originally Posted by Neva wtf man? what the hell kind of women do you go for? spca is for animals not dates... | | |
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