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Posted on 30/01/2024

With over $300 billion in debt, Hong Kong court orders liquidation of China’s Evergrande Group

As reported by Financial Times (FT), the order would allow court-appointed liquidators to attempt to seize control of assets of Evergrande Group in mainland China, as Hong Kong has a mutual ...

Posted on 30/01/2024

Hong Kong stocks slip in worst January since 2016 on BYD earnings miss, weak China manufacturing outlook

Stocks resume decline in Hong Kong, taking the city’s market to its worst January since 2016. While many Goldman Sachs clients are upbeat, a significant portion says the market remains uninvestable.

Posted on 30/01/2024

Hong Kong’s article 23: what is the new national security law and what will it mean for human rights?

The city’s chief executive, John Lee, announced a public consultation period after claiming advocates of independence are ‘still lurking in our society’ ...

Posted on 30/01/2024

Hong Kong begins work on its own National Security Law, years after a similar law crushed dissent

Hong Kong began work on a local National Security Law on Tuesday, more than three years after Beijing imposed a similar law that has all but wiped out dissent in the semi-autonomous city. Hong Kong’s ...

Posted on 30/01/2024

Hong Kong-listed shares of Evergrande units rebound, as liquidation seen unshackling business, assets from debt crisis

Evergrande New Energy Vehicle Group and Evergrande Property Services rebound as trading resumes after a halt on Monday Shares in the parent remain suspended as two court-appointed liquidators take ...

Posted on 30/01/2024

New Amazon show is filmed in Hong Kong but isn’t streaming in the city

Expats,” an Amazon Prime series set in Hong Kong that stars Nicole Kidman, appears to be blocked in the Chinese territory amid censorship concerns.

Posted on 30/01/2024

HK judge orders liquidation of China Evergrande

When Evergrande defaulted two years ago it sent shockwaves through global financial markets. The decision is likely to send ripples through China's financial markets at a time whe

Posted on 30/01/2024

Hong Kong leaders start legislative push to tighten national security laws

Hong Kong confirmed on Tuesday its intention to pass fresh national security laws soon, building on sweeping legislation Beijing imposed on the city in 2020, and saying the city has the constitutional ...

Posted on 30/01/2024

Hong Kong Stock Market Tipped To See Additional Support

The Hong Kong stock market bounced higher again on Monday, one session after halting the three-day winning streak in which it had ...

Posted on 30/01/2024

Exclusive: LME targets Hong Kong as option for warehouse expansion

The London Metal Exchange (LME) is studying Hong Kong as a location to expand its global metal warehouse network, five sources with knowledge of the matter said, hopeful success there might open the ...

Posted on 30/01/2024

Hong Kong officials deny ‘Expats’ ban, but say show is probably ‘boring’

The Hong Kong authorities denied banning the show – which portrays the pro-democracy Umbrella Movement that saw the city roiled by protests in 2014 – saying local audiences were unable to watch ...

Posted on 30/01/2024

Hong Kong stocks open with big losses

Hong Kong stocks opened sharply lower on Tuesday morning as investors turned their focus to the previous day's liquidation order for Chinese ...

Posted on 30/01/2024

Spot Bitcoin ETF Application Marks New Era For Hong Kong: Will It Unlock A Flood Of Chinese Investment?

In a significant development for the cryptocurrency market in Hong Kong, Harvest Fund has officially applied to the first-ever Bitcoin (CRYPTO: BTC)

Posted on 30/01/2024

Asia markets poised to mostly rise; Hong Kong set to fall in the wake of Evergrande liquidation order

Investors in Asia continue to grapple with the fallout from the liquidation of Evergrande, as well as assessing Japan's unemployment numbers for December ...

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