A recent ruling by the High Court of Hong Kong has brought to light long-buried details of the gambling past of Huang Youlong, ex-husband of Chinese actress Zhao Wei.
In February 2015, Huang Youlong lost 60 million Australian dollars at an Australian casino in just 6 days, equivalent to approximately 283 million yuan at the prevailing exchange rate at that time.
The plaintiff in this case, Chua Yee-fung, claims that she entered into two oral loan agreements with Huang Youlong in her personal capacity, stipulating an annual interest rate of 24% for overdue payments. Even though Huang Youlong has repaid the principal in full to Suncity, the interest claim exists independently and should be compensated separately.
However, the judge…