A record-breaking rally in Chinese property bonds is highlighting the huge sums of money primed to flow into the distressed securities should Beijing dial back its industry crackdown.Most Read from Bl ... ( read original story ...)
HK-listed Chinese property stocks jump on report of draft rules to ease cash crunch
Shares of Sunac China 1918.HK led a rise in China property stocks after a Reuters' report that China was drafting rules to make it easier for property developers to access escrow funds, in the latest ... ( read original story ...)
China reluctantly gives property market a break
Beijing will let stressed real estate developers tap escrowed pre-payments, building on surprise cuts to interest rates and fresh support for M&A. It’s an imperfect, partial solution to a worsening ... ( read original story ...)
Exclusive: China drafts rules to ease property developers’ cash crunch
China is drafting nationwide rules to make it easier for property developers to access funds from sales still held in escrow accounts in its latest move to ease a severe cash crunch in the sector, ... ( read original story ...)
Nasdaq 100 Falls on Rising Yield Concerns, Will Hang Seng Index follow?
Hong Kong stocks may lead the gains Nasdaq 100, US Earnings, Hang Seng Index, Asia-Pacific at the ... cost concerns and underpin market sentiment. Bank of America topped analysts' estimate for ... ( read original story ...)
Hong Kong Bourse May Head South Again On Thursday
The Hong Kong stock market on Wednesday wrote a finish to the three-day slide in which it had slumped more than 315 points or 1.4 percent. The Hang Seng Index now sits just above the 24,125-point ... ( read original story ...)
Hong Kong’s crackdown leaves journalists struggling to find jobs
Some have become taxi drivers or food delivery workers, while one person opened a fast food restaurant. . Read more at straitstimes.com. ( read original story ...)
Hong Kong pet owners cry foul over Covid-19 hamster cull, say shop closures will hurt business
The backlash came swiftly after health minister issued an order on Tuesday to euthanize the tiny mammals over fears of animal-to-human Covid-19 transmission Angela Chan, vice-president of Hong Kong ... ( read original story ...)
Hong Kong residents hire private jets to take their pets out of isolated city
Hong Kongers leaving the increasingly isolated city are chartering private jets for their pets — the only way many can take their animals with them as pandemic restrictions squeeze freight space on ... ( read original story ...)
The turmoil in Hong Kong is an opportunity for India
Hong Kong’s future as a global financial hub is less promising after China’s authoritarian action – to control the pandemic and civil liberties – led to an exodus of expatriate finance industry ... ( read original story ...)
Hong Kong stocks close slightly higher
Shares in Hong Kong ended slightly higher on Wednesday after a volatile day, helped by hopes the Chinese central bank will unveil fresh economy-boosting measures soon, following an interest rate cut ... ( read original story ...)
Entrepreneurial State Bank Makes Hong Kong’s First SPAC Application
Aquila Acquisition has applied to become Hong Kong’s first SPAC listing, formed by a group connected to China Merchants Bank Investors must put up at least ... ( read original story ...)
Hong Kong’s Crackdown Leaves Journalists Hawking Fried Chicken
Pak was a finance reporter for one of Hong Kong’s best-read tabloids. Now, he’s a coffee shop barista in London, after the collapse of pro-democracy newspaper Apple Daily under a national security ... ( read original story ...)
Asia Picks Up the IPO Slack With Record Run of Listings and More to Come
Hello, it’s Pei Li here in Hong Kong. Today we’re looking ahead to some of Asia’s biggest upcoming IPOs, with the region enjoying a crop of listings. There’s also more to recap on the mega ... ( read original story ...)