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Month: October 2021

Posted on 15/10/2021

EXCLUSIVE Evergrande CEO in Hong Kong for restructuring, asset sale talks, sources say

Evergrande Group's chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles ... ( read original story ...)

Posted on 15/10/2021

Hong Kong stocks rise as Geely, BYD lead carmakers higher on robust electric-vehicle sales

Hong Kong stocks rose as the market reopened after a two-day pause, with BYD led Chinese carmakers higher on robust sales of electric vehicles in the mainland market. The Hang Seng Index climbed 0.8 ... ( read original story ...)

Posted on 15/10/2021

Bank of Communications (Hong Kong) Limited — Moody’s affirms Bank of Communications (Hong Kong)’s A2 deposit ratings; outlook changed to positive

Moody's affirms Bank of Communications (Hong Kong)'s A2 deposit ratings; outlook changed to positiveRead the full article at Moody's ... ( read original story ...)

Posted on 15/10/2021

China central bank says Evergrande debt woes are manageable

The spillover effect of China Evergrande Group's debt problems on the banking system is controllable, a central bank official said on Friday, in rare official comments on a liquidity crisis at the ... ( read original story ...)

Posted on 15/10/2021

Hong Kong shares rise after strong earnings boost Wall Street

Hong Kong's main Hang Seng index finished higher on Friday after strong corporate earnings boosted U.S. shares, but investors were awaiting Chinese third-quarter economic data due Monday for clues to ... ( read original story ...)

Posted on 15/10/2021

Is Nicole Kidman back in Hong Kong? False reports spark fresh debate over city’s Covid-19 quarantine exemptions

Chinese-language media reports that actress has returned to finish shooting TV show following filming in August, when she was allowed to skip isolation, but official source says Kidman is not in Hong ... ( read original story ...)

Posted on 15/10/2021

Hong Kong seizes smuggled Australian lobsters amid China ban

Australian lobsters seized by the Hong Kong Customs during an anti-smuggling operation, are displayed at a news conference in Hong Kong, Friday, HONG KONG (AP) — Hong Kong and mainland authorities ... ( read original story ...)

Posted on 15/10/2021

Exclusive-Evergrande’s $1.7 billion Hong Kong headquarters sale flops as buyer withdraws -sources

Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China Evergrande Group's Hong Kong headquarters building over worries about the developer's dire financial ... ( read original story ...)

Posted on 15/10/2021

Evergrande’s $1.7 bn Hong Kong headquarters sale flops as buyer pulls out: Report

Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China Evergrande Group's Hong Kong headquarters building over worries about the developer's dire financial ... ( read original story ...)

Posted on 15/10/2021

Hong Kong audit watchdog investigating Evergrande’s 2020 accounts

Hong Kong’s audit regulator said on Friday it had launched an inquiry into China Evergrande Group’s accounts for the full year of 2020 and the first half of 2021 and an investigation of PwC’s audit of ... ( read original story ...)

Posted on 15/10/2021

Hong Kong protests: Polytechnic University scientist who tried to help protester shot by police jailed for a year

A Hong Kong scientist who tried to get medical attention for a protester shot by police during the civil unrest in 2019 has been jailed for a year for taking part in an unlawful assembly. Dr Yau ... ( read original story ...)

Posted on 15/10/2021

Hong Kong: Friendly beers lead to murder suspect’s arrest

A friendly beer shared with a mysterious stranger has led to the arrest of a high-profile murder suspect in Hong Kong. The suspect had gone on the run after he allegedly slashed a taxi driver to death ... ( read original story ...)

Posted on 15/10/2021

Teachers at Hong Kong’s kindergartens, semi-private schools next in line for Basic Law test, education chief says

City leader Carrie Lam last week unveiled plans to expand the testing, already required for public school teachers, to educators at ‘government-aided schools’ A new plan requiring more Hong Kong ... ( read original story ...)

Posted on 15/10/2021

Hong Kong Teachers May Be Ones Taking Tests in New Security Push

Hong Kong teachers might have to pass a test on the city’s national security law, a top government official said, as the local education system is remade to foster greater loyalty to Beijing. ( read original story ...)

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