Hong Kong is currently an autonomous territory. Formerly a British colony for 150 years, the region was returned to China in 1997 with the premise that it be “one country, two systems.” Consequently, Hong Kong possesses its own legal system...
It wasn’t a happy hump day for the richest man in China yesterday. In just half an hour, Li Hejun found himself $14 billion poorer thanks to an end-of-the-day crash yesterday. Apparently, shady business practices could be to blame