Posted on 05/11/2026 3:28:41 AM PDT by DFG
Hong Kong has become a critical financial and logistical lifeline for Iran’s regime — helping move illicit oil, weapons technology and surveillance tools that fuel Tehran’s military machine and domestic repression, according to a bombshell report set for release Monday.
The 26-page report by the Committee for Freedom in Hong Kong Foundation, titled “Oil, Arms, and Cash: How Hong Kong Fuels the Iranian Regime,” alleges that dozens of Hong Kong-based companies have helped Iran evade Western sanctions while funneling billions of dollars into the hands of the Islamic Revolutionary Guard Corps and its terror proxies.
“Simply put, without Hong Kong’s help, Iran would not have the money and the missiles that make it so dangerous,” the report states.
“The evidence is consistent and damning,” the report says, citing “Hong Kong’s easy registration of shell companies, its globally connected banking sector, its secretive corporate services infrastructure, and the indifference of its government to Western law enforcement cooperation.”
The report details how Hong Kong-linked firms allegedly facilitated the shipment of Iranian crude oil to China through shadow fleets using deceptive ship-to-ship transfers and falsified cargo documents.
Since 2020, the US Treasury Department’s Office of Foreign Assets Control has designated at least 95 Hong Kong-incorporated entities for Iran-related sanctions violations, according to an appendix included in the report.
Among the cases cited was Hong Kong-based Petronix Energy Trading Ltd., which US authorities accused in February 2025 of purchasing “hundreds of thousands of metric tons of Iranian crude oil” for shipment to China.
The report also alleges Hong Kong has become a major hub for funneling Western-made electronics and drone components into Iran’s weapons programs.
(Excerpt) Read more at nypost.com ...
Clear now the Chinese government seized Hong Kong in 1984 from the UK for this exact reason to help Iran.
Bombshell??? Didn’t everyone know this?
Hong Kong, Russia, B. Hussein Obama, etc.
Cuba next then Hong kong! This is what I voted for!
just kidding. I voted to get rid of the 50 million illegals and to stop the endless wars
Was it not 1996 that the British lease of 1696 expired?
All I remember is that the PRC seized Hong Kong before the agreed upon date.
They've been up to a lot of things. What they didn't start on their own, they've helped support.
Hong Kong 🤔🤔🤔 OH, you mean CHINA! Guess some are afraid to print that word……
And the ChiComs took HK without firing a shot.
They just bought Hong Kong’s pols.
I see what you mean:
The People’s Republic of China (PRC) resumed sovereignty over Hong Kong at midnight on July 1, 1997.
This event, commonly known as the handover, concluded 156 years of British colonial rule and transformed Hong Kong into a Special Administrative Region of the PRC.
The Transition: The transfer was finalized following the 1984 Sino-British Joint Declaration, which planned for the return of Hong Kong Island, Kowloon, and the leased New Territories.”One Country, Two Systems”:
Under this principle, the PRC promised to allow Hong Kong to maintain its capitalist system, legal structure, and freedoms for 50 years after 1997.
Contextual Details: The 1997 ceremony, which involved the official handover from the United Kingdom to the PRC, was a peaceful, planned transition rather than a military seizure.
Recent Developments:
While Hong Kong was meant to have autonomy until 2047, observers from the Hoover Institution and the Cato Institute have noted an increase in Beijing’s control, accelerated by the 2020 national security law.The handover concluded on 1 July 1997.
Never forget China is a Communist dictatorship and will do anything to protect and enhance the Party hierarchy. Morals, ethics, etc. are not a consideration when it comes to their actions. The ends justifies the means.
Never forget China is a Communist dictatorship and will do anything to protect and enhance the Party hierarchy.
Our Democratic Party is no different.
It’s the Cash Cow for the CCP.
Perfidious Albion hides in the shadows and snickers 1997.
The contract was legally held in Taipei, and it would have been better if Lee Teng-hui had allowed independence and Commonwealth Nation status and Margaret Thatcher would have allowed Taiwan to take the nation and join the Commonwealth for Hong Kong.
Exactly.
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