Former Greentown China Chairman Charged with HK$20 Million Bribery
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Hong Kong's Independent Commission Against Corruption charged Zhang Yadong, former chairman of Greentown China Holdings from 2019 to 2025, with conspiracy to accept advantages for allegedly taking 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. The case was mentioned at Eastern Magistrate's Courts. The charge marks one of the highest-profile bribery cases involving a major Chinese property executive in Hong Kong in recent years, highlighting cross-border anti-corruption enforcement in the property sector.
Written by AI from the reports · updated 2 h ago
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- SCMP Top StoriesFormer Greentown China Chairman Zhang Yadong Charged for Taking HK$20 Million Bribes for Real Estate Stake
Hong Kong's Independent Commission Against Corruption (ICAC) charged Zhang Yadong, former chairman of Greentown China Holdings from 2019 to 2025, with conspiracy to accept advantages for allegedly taking HK$20 million (US$2.5 million) in bribes from a mainland Chinese property developer. The bribes were allegedly in exchange for acquiring a stake in the developer's real estate project. The case was mentioned at Eastern Magistrate's Courts. 前绿城中国主席张亚东被指控收受2000万港元贿赂以换取房地产项目股份 香港廉政公署(ICAC)指控张亚东涉嫌收受内地房地产开发商2000万港元（约250万美元）的贿赂，以换取该开发商房地产项目的股份。张亚东于2019年至2025年担任绿城中国控股有限公司主席，面临串谋收受利益的指控。案件于东区裁判法院提讯。
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