Peninsula Square

Peninsula Square, located on Sung On Street in Hung Hom, Hong Kong, is a commercial building that recently became the scene of a high-profile gold theft. The incident, reported on Friday, involved the theft of approximately 73kg of gold bars, valued at around US$12 million. Initial reports suggested a burglary, but police are now investigating a suspected deception case. According to news reports, a staff member in an office within Peninsula Square was conducting a gold handover when the theft occurred. Hong Kong police have arrested five individuals in connection with the case and recovered nearly HK$100 million in stolen gold. However, a manhunt is underway for three additional suspects believed to be involved. The incident has brought Peninsula Square into the news, highlighting concerns about security and potential criminal activity in the area.