The Hong Kong High Court has approved a request from the Department of Justice to freeze assets totaling HKD 8.938 billion ($11.4 billion) under the Organized and Serious Crimes Ordinance. The assets belong to Chen Zhi, founder of Cambodia's Prince Group, Hu Xiaowei, and 42 other individuals and companies. The frozen assets include 165 bank and securities accounts, with cash amounting to HKD 4.36 billion and stocks valued at HKD 5.5 billion, as well as multiple properties. Chen Zhi's assets in Hong Kong exceed HKD 6.36 billion, featuring a commercial building on Kimberley Road, Tsim Sha Tsui, valued at HKD 3 billion, and a villa at Mount Nicholson worth HKD 1 billion. The court's decision marks a significant legal action against the individuals and entities involved.