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Former Greentown China head charged for taking bribes over stake in real estate project

Former Greentown China head charged for taking bribes over stake in real estate project
South China Morning Post Friday 09 October 2026, 03:35 UTC By Cannix Yau 1 min read
Key Points

Hong Kong’s corruption watchdog has charged the former head of a listed company for allegedly accepting HK$20 million (US$2.5 million) in bribes from a mainland Chinese property developer in exchange for acquiring a stake in the developer’s real estate project. Zhang Yadong, 58, who was chairman of Greentown China Holdings from 2019 to 2025, faced a count of conspiracy to accept advantages, the Independent Commission Against Corruption (ICAC) said on Friday. The case was mentioned at Eastern...

Hong Kong’s corruption watchdog has charged the former head of a listed company for allegedly accepting HK$20 million (US$2.5 million) in bribes from a mainland Chinese property developer in exchange for acquiring a stake in the developer’s real estate project. Zhang Yadong, 58, who was chairman of Greentown China Holdings from 2019 to 2025, faced a count of conspiracy to accept advantages, the Independent Commission Against Corruption (ICAC) said on Friday. The case was mentioned at Eastern...
Greentown China (ORG) Hong Kong’s (LOCATION) Chinese (ORG) Zhang Yadong (PERSON) Greentown China Holdings (ORG) the Independent Commission Against Corruption (ORG) ICAC (ORG) Eastern (ORG)
Originally published by South China Morning Post Read original →

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