The land project is expected to result in a loss of about $770 million, the Chinese property developer said in a filing to the Hong Kong bourse. The sale proceeds will be used to repay the financial ...
Global Impact: ‘Hong Kong is back’: global financiers herald city’s return
In this edition of the Global Impact newsletter, we look back at the highlights from the Global Financial Leaders’ Investment Summit and ponders what it means for Hong Kong’s future as a global ...
Hong Kong Relaxes COVID Rules for Inbound Tour Groups
The announcement came after Hong Kong last week hosted a high-profile financial summit for which more than 200 financial executives who flew into the former British colony were ex ...
Vast Hong Kong villa development plot sold to cover Evergrande debts
Struggling Chinese property giant Evergrande has had a lucrative building plot in suburban Hong Kong sold off by its American receiver to cover some of the company's massive debts, according to ...
China’s Second-Largest Chipmaker Poised for $2.5 Billion IPO in Shanghai
Chinese chip manufacturer Hua Hong Semiconductor Ltd has received regulatory approval for an 18 billion yuan ($2.5 billion) IPO in Shanghai, according to a filing published late on Friday on the Hong ...
Hong Kong: Giant leap in share price for Giant Biogene IPO
Shares in Giant Biogene jumped sharply on the company’s November 4 listing on the Hong Kong stock exchange. The company priced its IPO at HK$24.3 per share and traded as high as HK$31.95 Monday ...
Wall Street’s Hong Kong Kowtow
Images: Russian Defense Ministry Press Service via AP Composite: Mark Kelly Wall Street’s best and brightest visited Hong Kong this week to attend the Global Financial Leaders’ Investment ...
Evergrande creditors sell ‘Versailles mansion’ plot in Hong Kong
Creditors of the world’s most indebted property company China Evergrande sold a Hong Kong plot intended for the construction of a Versailles-inspired mansion, forcing the Chinese developer to take a ...
China Evergrande says Hong Kong land plot sold by receivers for $637 mln
China Evergrande Group said on Sunday its plot of undeveloped land for residential development in Hong Kong's Yuen Long district has been sold by its receivers for $636.94 million.
Hong Kong home prices fall most since 2016 on rising rates
The slump in Hong Kong’s property market is accelerating as borrowing costs rise. The Centaline gauge of secondary home prices fell 2% in the week ending Oct 30 from the previous week, the most since ...
Hong Kong court upholds veteran journalist’s conviction
An award-winning Hong Kong journalist lost her appeal Monday against her conviction over making false statements in obtaining information for her investigation of a violent attack during the ...
China Evergrande says Hong Kong land plot sold by receivers for $637 million
China Evergrande Group said on Sunday its plot of undeveloped land for residential development in Hong Kong's Yuen Long district has been sold by its receivers for $636.94 million. The land project is ...
China Evergrande says its interests in land in Hong Kong sold for $637m
BEIJING: China Evergrande Group said on Sunday its interests in a plot of undeveloped land for residential development in Hong Kong’s Yuen Long district have been sold by its receivers for $636.94 ...
HSBC CEO Noel Quinn vows to help reboot Hong Kong’s economy as city reopens for business after Covid restrictions
HSBC will do whatever it takes to help Hong Kong’s economy recover, says CEO Noel Quinn, adding that relaxation of quarantine measures will put the city back on the international business community’s ...