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Month: October 2021

Posted on 05/10/2021

Evergrande, property management arm’s shares suspended from trading in Hong Kong

Evergrande, the world’s most indebted property developer, is facing more than US$300 billion in liabilities and questions have been rising about its ability to service its debt. ( read original story ...)

Posted on 05/10/2021

Property giant China Evergrande suspends Hong Kong market trading

Embattled property giant China Evergrande on Monday suspended trading in its shares on the Hong Kong stock exchange without giving a reason. ( read original story ...)

Posted on 05/10/2021

Proposed Shenzhen link to mega bridge will be a boon for Hong Kong, analysts say

Industry players mostly upbeat on extension to Hong Kong–Zhuhai–Macau Bridge, aimed at boosting traffic volumes and connecting city earlier left out of project. ( read original story ...)

Posted on 05/10/2021

Hong Kong’s Hang Seng index drops 2% amid Evergrande trading halt

Trading in the Hong Kong-listed shares of China Evergrande Group as well as Evergrande Property Services was halted on Monday. ( read original story ...)

Posted on 05/10/2021

‘No defence’ for HSBC’s backing of oppression in Hong Kong

Top management are trying to ingratiate themselves with the CCP’, criticises City grandee Dame Helena Morrissey ... ( read original story ...)

Posted on 05/10/2021

Hong Kong stocks sink, extending a four-month slide, as Evergrande races against time to repay debt

Evergrande’s debt situation weighed on market sentiment as Chinese developer races against time to raise cash, repay borrowers and avert a default. ( read original story ...)

Posted on 04/10/2021

Hong Kong Falls On Light Volumes With Mainland Closed Until Thursday

Asian equities were largely higher except for Japan, Taiwan, and Hong Kong while China and South Korea were closed today. ( read original story ...)

Posted on 04/10/2021

Trading of China’s Evergrande shares is suspended in Hong Kong

The debt-ridden developer said trading in shares of its property management unit was being halted pending an announcement related to a merger or takeover. ( read original story ...)

Posted on 04/10/2021

Hong Kong exploring CBDC as part of fintech strategy

The official whitepaper release outlines the exploration of a CBDC from a technical and policy viewpoint, and is expected to conclude in mid-2022. ( read original story ...)

Posted on 04/10/2021

Hong Kong Stock Benchmark Closes Down 2.2%; Hopson Said Buying Evergrande Unit, Alibaba Drops

Hong Kong’s benchmark stock index closed at its lowest level in nearly a year after trading in financially strapped China Evergrande Group was suspended. Technology stocks fell, led by Alibaba Group, ... ( read original story ...)

Posted on 04/10/2021

Evergrande halts share trading in Hong Kong pending announcement

Embattled property giant China Evergrande suspended trading in its shares in Hong Kong on Monday pending an announcement on a "major transaction", as the firm struggles in a sea of debt and faces a ... ( read original story ...)

Posted on 04/10/2021

Infobip Kicks-Off Global Startup Tribe Programme for Asia Pacific

Global communications company Infobip today announced the launch of its Infobip Startup Tribe programme in Hong Kong and the wider Asia Pacific (APAC) region. The accelerator programme, which offers ... ( read original story ...)

Posted on 04/10/2021

Hong Kong Photo Contest 2021 Organized by National Geographic Magazine (Traditional Chinese Edition) Presented by Wheelock

Visual Storytelling for Hong Kong Official LaunchHONG KONG SAR - Media OutReach - 4 October 2021 - Hong Kong Photo Contest 2021 officially ... ( read original story ...)

Posted on 04/10/2021

Asian Stock Market: Trades mixed as risk sentiment sours, Hang Seng tumbles 2%

Asian stocks show mixed trend as the fresh week begins tracking Wall Street price action. China’ Evergrande debt-ridden default risk, US-China tussle, inflationary concerns took a toll on investors' ... ( read original story ...)

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