VPower Finance Security (HK) Limited provides cross-border armoured transportation encompassing security and point-to-point manned security services on cash and a range of valuable items in Hong Kong and Mainland China. Its parent company, Shenzhen Vpower Finance Security Co. Ltd, was founded in 1997 and was the first security transportation company designated by the People’s Bank of China under its pilot scheme.
VPower Finance Security (Hong Kong) Ltd., which says it moves cash and gold for some of China’s biggest banks. It handled more than $300 million of Russian gold shipments through Hong Kong in March through August 2022, ImportGenius data show.
June 13, 2024 | The US imposed sanctions against companies in Hong Kong and the UAE for facilitating trade in Russian gold |