Debt collection is an issue, even those involved in the junket business will acknowledge. Tony Tong, a financier who backs Macau junkets, acknowledged collection of gambling debt is illegal in China.
Date: Apr 23, 2015
Category: Business
Source: Google
Li Ka-Shing's Lure May Mean $1.7 Billion Yuan Property Trust IPO
A Li Ka-shing company will surely give confidence to investors as this is likely to be a dominant player in the market, said Tony Tong, head of market strategy at China Everbright Securities (HK) Ltd.