His illicit gains will be confiscated and the suspected crimes will be transferred to the procuratorate for further investigation and prosecution, said the statement.
Hong Kong on Thursday reported 118 new coronavirus infections, hitting a new daily high. As of Wednesday midnight, the new COVID-19 cases brought the city's tally to 2,249.
Hong Kong's rank has climbed three spots from last year.
His new cabinet will take oaths later this week.
Hong Kong Baptist University garnered the second-most number of awards, winning 13.
Hong Kong's business community on Sunday voiced support for national security legislation for the city, while expressing confidence in the SAR's future prospects as a world-class financial center.
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His ideas were endorsed by deputies and members during the two sessions last year.
His comments come at a time when China's steel exports have been falling steadily.
Hisense Group, a leading television and appliance manufacturer, launched its brand-new social TV with a Hi Table interactive system for large-screen social viewing in the Chinese market.
His first public speech following Batista's defeat was delivered from the balcony of Santiago de Cuba's City Hall, located to one side of central Cespedes Park.