Hong Kong's Corporate Directors Want Some Privacy

Proposed legislation would make it harder to trace executives
Li Ka-shing, chairman of Hutchison Whampoa, at a news conference in Hong Kong in 2012 Photography by Jerome Favre/Bloomberg

Late one night last November, staffers of the A3Medical Anti-Aging Center say they were told by their boss’s brother that the salon would close for renovations. It never reopened. Former employees were anxious to track down the owner to retrieve the HK$900,000 ($116,000) they said they were still owed. Using data listed in Hong Kong’s Companies Registry, they traced their boss to another business she owned. After picketing its office, Man Lee, 32, says she and five colleagues got some of their money back.

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