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Category: FINANCE

Posted on 29/01/2024

Evergrande, the massive Chinese real estate developer with $300 billion in debt, is ordered to liquidate by a Hong Kong court

China Evergrande's liquidation process could be complicated, with potential political considerations, given the many authorities involved.

Posted on 29/01/2024

Evergrande: Hong Kong judge orders property giant’s liquidation

China's debt-ridden property giant Evergrande has been ordered to liquidate by a court in Hong Kong. Judge Linda Chan said "enough is enough" after the property giant failed to come up with a ...

Posted on 29/01/2024

China Evergrande ordered to liquidate by Hong Kong court

A Hong Kong court on Monday ordered the liquidation of China Evergrande Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain the ...

Posted on 29/01/2024

Hong Kong court orders liquidation of developer China Evergrande

HONG KONG, Jan 29 (Reuters) - A Hong Kong court on Monday ordered the liquidation of China Evergrande Group , a move likely to send ripples through China's financial markets as policymakers scramble ...

Posted on 29/01/2024

Evergrande plunges as Hong Kong high court orders liquidation; Asia markets mostly rise

Hong Kong-listed shares of Evergrande plunged 13.4%. Stock chart icon In Singapore, its central bank left policy unchanged as expected on Monday in its first quarterly monetary policy decision of 2024 ...

Posted on 29/01/2024

Hong Kong stocks jump on more China measures to support market, Evergrande liquidation shocker limits rally

tumbled 3 per cent to HK$62.65. The China Securities Regulatory Commission said it will bar key shareholders from lending their stock under lock-up period from Monday. The decision, announced over the ...

Posted on 28/01/2024

Hong Kong is facing a repeat of 1998 Asia financial crisis

A year ago, Hong Kong’s finance industry was hoping that a China reopening would unleash pent-up consumer demand and bring deals and prosperity to the city. There is no such illusion left. As the Hang ...

Posted on 28/01/2024

Chinese courts to rule on Hong Kong commercial disputes under new law

Legislation will further erode differences between legal systems of Hong Kong and mainland ...

Posted on 28/01/2024

HK’s Bank of Jinzhou to receive 3.15 billion yuan takeover offer from Liaoning Financial

HONG-Kong-based Bank of Jinzhou said on Friday that Liaoning Financial Holding would make an offer to buy all domestic shares in the bank for an aggregate consideration of 3.15 billion yuan (S$591 ...

Posted on 27/01/2024

Hong Kong stocks jump 3% after report on more China stimulus; Bank of Japan keeps policy unchanged

The Bank of Japan is expected to hold its negative interest rate policy and yield curve control at this meeting.

Posted on 27/01/2024

Hong Kong ETFs: What They Are and How They Work

Hong Kong ETFs expose investors to Hong Kong's financial markets and can be a way to diversify portfolios geographically.

Posted on 27/01/2024

Hong Kong’s Bank of Jinzhou to receive 3.15 billion yuan takeover offer from Liaoning Financial

Find out more about subscription packages here. HONG-Kong-based Bank of Jinzhou said on Friday that Liaoning Financial Holding would make an offer to buy all domestic shares in the bank for an ...

Posted on 26/01/2024

HSBC: No. of Subscribers on 1st Day of Issuance of AAHK’s Retail Bond Similar to 2023 Green Bond 1st Day Subscription

Today is the first day for the public issuance of Airport Authority Hong Kong (AAHK)'s retail bonds. The number of customers subscribing for the retail bonds issued by the AAHK through HSBC was ...

Posted on 26/01/2024

Hong Kong Data Center Market Set for Remarkable Growth, Forecast Shows Potential Surge by 2028

As a crucial international finance and trading hub, Hong Kong's demand for high-quality data storage and management services continues to witness significant growth. This is particularly influenced by ...

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