On May 6, the Chinese Communist Party (CCP) arrested 17 members of a China Black Societies (gang) operating in Wuhan, Hubei province, including the notorious boss Huang Dafa and Xiong Daxi. Both Huang and Xiong held Hong Kong identity cards (HKID). In 2018, Xiong purchased a standalone house on Repulse Bay Road for approximately HK$496 million ($63 million) before selling it to Huang for HK$450 million ($57 million) in April. However, Xiong was arrested the day after the registration documents were filed. Some commentators believe that this substantial transaction triggered concerns about capital flight from the mainland and was deemed a threat to national security by the CCP….