CHINESE COMMUNIST COMMERCIAL ACTIVITIES AND FIRMS, HONG KONG AND MACAO

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R006700210007-2
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: December 14, 2016
• Document Release Date: March 15, 2001
• Sequence Number: 7
• Publication Date: January 19, 1951
• Content Type: REPORT

rr CONFi ENTIAL
i',=:N =ITAL. INTELLIGENCE AGENCY RESORT NO.
Approved For ; I ~Q1(01IRD0~5 6700210007-2
~~ll CD NO.
OE.JNTRY Hong Korg4.acao/China
SUBJECT Chinese Communist Commercial
Activities and Firms, Hong Kong and s.aoao
PLACE
ACQUIRED
DATE OF
INFO,
25X1A V
Xty%
DATE DISTR. 19 JA N 51
NO. OF PAGES 2
NO. OF ENCLS
LUSTED BELOW)
SUPPLEMENT TO
REPORT NO.
25X1X
1. Before 12 ovember 1950* the Chinese Communist authorities, through the an
Yong (I7 ) Trading Company of Canton, requested the Sian Hain Company**
in Hon p to purchase from the Hsi Yuan Hang (Sal Yusa Hong)** 140 large
boxes of materials. The,purchase consisted of scrap iron, obsolete equip
ment (including CMC and CATC airline equipment) and communications material,
for which HK $200,000 was paid. In addition, it was necessary to spend
11K 410,000 for the bribes necessary to obtain an export license.
2. The Ching Hue Company** is a Hong Kong firm recently organized by the worth
China Trade Bureau. This company, whose general mans er is LIANG Hum-hain
( recently bought a ship, the YUNG SIIB (1 ), for HK X0,000.
The vessel is to sail between tong Kong and Tientsi
3. The Chun rei hang, 28 Connaught Road blest, second floor, was organized by the
Jan Fang Trading Company**. Its general manager is TANG Chih-ch'eng
4. Chinese Communist business and commercial organizations in j4aoao include the
following:
a. Chih Kua-rg Uepartment Store, organized by CF-LIEN Chih (j ~ )
b. Chun Ch'eng Hang ('''if ), 202 Fifteenth of Oct bar Street;
organized by KU I-jon (t +4,4---) and CfiENG Chi )***, magistrate
of the fifth district of Ct.ungshan.
C. Hain Chung Hang 6-8 1 Shih T' ing Ch' ien; organized by
Dr. K'0 Lin, a Chinese Communist official in :.aoao.
d. 'rum Chung (. Trading Company, formerly under the direction of
HUANG Kung-h u '(f IL` J but now closed.
a... Kuc Hua Bank**, ground floor of Grand Hotel.
f. an Kuang Trading Company**, 96 ho Pion fisin Street- Jbigi firm is engaged
STATE EL NAVY NSRa DISTRIBUTION
ARMY AIR FBI ,~ rr -
CONFIDENTIAL
Approved For Release 2001/04/19 : CIA-RDP82-00457R00670
CLASSIFlCATION
This document is hereby regraded to
CONFIDENTIAL in accordance with the
letter of 16 October 1978 from the
Director of Central Intelligence to the
Archivist of the United States.
3rrReview Da a 20 8 ,
 Approved, For Release 2001/0 06700210007-2
U TR&L INTELLIGENICU, AGENCY
25X1A
in the import-export business and is particularly concerned with the
purchase of war materials. The general manager is YEH Tao-yiag***,
and the assistant marmger is K'0 Chen-ping***, also known as K'0 P'ing,
brother of 4'0 Lin.
g. Nan Tung Bank, 100 Lain Road. **
h. Ta Ch?ang hang (f.\. 17 Ko nao Road; incorporated with the Ta
Chang Hang of Hong Kong**. This firm makes purchases for the USSR and
the Chinese Communists.
* Comment. The date of this transactions as reported through
25X1A different channels, was mid-October 1950. The same version gave the
sums of money paid as US #200,000 and US #10,000; source's figures
appear more reasonable.
25X1A
25X11**
CEE.1 r Chi may be the person mentioned in
of
25X1A
K'0 P' ing in
YEE Tao-ying
the following:
K 0 Che ng- p' th
He appears as
Approved For Release 2001/04/19 : CIA-RDP82-00457R006700210007-2