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Posted on 29/01/2024

Reactions: 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

Evergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court: ‘Enough is enough’

China Evergrande Group helped trigger China’s real estate crisis just over two years ago. The developer, with more than $300 billion in total liabilities, became the poster-child for debt problems in ...

Posted on 29/01/2024

Why Hong Kong must prepare ground for low-altitude economy to take flight

Recently, the low-altitude economy became a hot topic in China and many parts of the world. "Low altitude" generally refers to airspace up to 1,000 metres above ground; the "low-altitude economy" ...

Posted on 29/01/2024

Hong Kong Stablecoin Push Attracts One of China’s Top Fund Firms

(Bloomberg) -- A push in Hong Kong to roll out rules for stablecoins as soon as this quarter has drawn interest from companies including the international arm of major Chinese asset manager Harvest Fund Management Co., people familiar with the matter said.

Posted on 29/01/2024

US interest rates drag down Hong Kong property, with China economic recovery only ‘light at the end of the tunnel’: JLL chairman

Tsang said Hong Kong’s talent scheme should come with more policy support, such as mortgage relaxations and relaxations of capital outflow controls, to boost housing transactions. Chinese buyers ...

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 29/01/2024

Hong Kong-made espresso machines? ‘Boutique’ manufacturers tap tech for efficiency, target government funds for ‘smart’ shake-up

Tang Wing-sze had plastic covers over her shoes as she entered her Hong Kong factory’s “clean room” to check on freshly assembled electronic components on circuit boards. But the founding member and ...

Posted on 29/01/2024

Hong Kong youth unhappy with parents posting details of their lives on social media

Majority of youngsters said it was important to have their privacy protected, finds survey Majority of Hong Kong youngsters said it was important to have their privacy protected. Photo: Shutterstock ...

Posted on 29/01/2024

Amazon’s Expats puts Hong Kong government in ‘awkward position’, features ‘glamorised’ lifestyle

Lawmakers say exemptions given to production crew during pandemic did not pay off and show puts city in poor light, while expats question accuracy of portrayal.

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