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Sun Yee On was founded by Heung Chin , originally from Teochew (Chaozhou), in 1919. [4] Yee On (Chinese: 義安; Jyutping: ji 6 on 1; Cantonese Yale: yih ōn) is a historical name for Chaozhou. Mainly through ethnic Chinese diaspora, it is thought to extend to the United States, Canada, Thailand, Australia, South Africa and Central America. [5]
The 14K (十四K sap sei kei, [sap̚sɛjkɛj]) is a triad group based in Hong Kong but active internationally. It is the second largest triad group in the world with around 20,000 members split into thirty subgroups. They are the main rival of the Sun Yee On, which is the largest triad. [7]
The Sun Yee On, led by chairman ‘Uncle Po’, is an influential Triad organization which, like its Hong Kong affiliates, is a highly organized criminal syndicate involved in white-collar crime as well as owning legitimate businesses [citation needed], specifically in the entertainment industry [citation needed] a key red pole ‘Teflon’ Dyl ...
Due to wartime emergencies and government controls, the London gold fixing was suspended between 1939 and 1954, when the London gold market was closed. On 21 January 1980 the gold fixing reached the price of $850, a figure not surpassed until 3 January 2008 when a new record of $865.35 per troy ounce was set in the a.m. fixing.
Twice daily, at 10:30 AM and 3:00 PM (local time). the LBMA publishes the gold price in US dollars. [1] These forward contracts are known as gold futures contracts. Spot gold is traded for settlement two business days following the trade date, with a business day defined as a day when both the New York and London markets are open for business.
There were four main groups of triads—the Chiu Chow Group (including Sun Yee On), 14K, the Wo Group (including Wo Shing Wo), and the Sze Tai (Luen Group, Tan Yee, Macau Chai, Tung Group), the Big Four in Chinese—operating in Hong Kong. [26] They divided land by ethnic group and geographic locations, with each triad in charge of a region.
According to this data, amount of gold and silver physically held in London vaults is currently more than 7,700 tonnes of gold and 33,700 tonnes of silver. [6] The gold alone is valued in excess of $330 billion, more than the reported value of the metal held in Fort Knox , Kentucky and second only to the entire holdings of the US Government.
Wo Hop To, or WHT (Chinese: 和合圖; Jyutping: wo 4 hap 6 tou 4), is a triad group based in Wan Chai, Hong Kong.The name translates to "Harmoniously United Association", or "Harmonious Union Plan", and is thought to have been founded in 1908 in Sai Ying Pun as a secret political organisation in opposition to the Qing dynasty.