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 ...)
Alibaba, HSBC offer startup contest
Alibaba Hong Kong Entrepreneurs Fund (AEF) and banking giant HSBC have invited startups to participate in an annual competition with prizes worth up to US$4million. ( read original story ...)
Exclusive-Evergrande’s US$1.7 billion Hong Kong headquarters sale flops as buyer withdraws -sources
Chinese state-owned Yuexiu Property has pulled out of a proposed US$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 ...)
Qiming-backed Abbisko makes $200M+ Hong Kong debut, as a SPAC and Agenus spinout also price on Nasdaq
Three new entities priced their public debuts late Thursday and early Friday, including a SPAC, a traditional Nasdaq IPO and a Chinese biotech joining the Hong Kong Index. Shanghai-based Abbisko ... ( read original story ...)
Debt-stricken China Evergrande suffers huge blow as US$1.7 billion deal to sell its Hong Kong headquarters collapses
Guangzhou government-backed Yuexiu Property dropped its offer to buy China Evergrande’s 26-storey office tower in Wan Chai over concerns about the embattled home builder’s hefty debts, Reuters ... ( read original story ...)
Hong Kong Office Rental Market Recovers After Two Years of Decline
Hong Kong’s office rental market has started to recover after multiple quarters of decline, as the negative impact of the Covid-19 pandemic and social unrest in 2019 continue to fade, a recent report ... ( read original story ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
Hong Kong Fund Manager One Heritage Group Expands Asia Footprint in Singapore
Fund Manager One Heritage Holdings Group ("The Group") has announced the opening of a new subsidiary in Singapore, as part of its strategy to strengthen its presence in South East Asia. One Heritage ... ( read original story ...)