Liquidity remains a concern for embattled Chinese property developers, which are struggling to emerge from a debt crackdown that started two years ago.
Six bubble tea chains plan IPOs in bet on China consumer revival
They include Mixue Bingcheng, China’s biggest bubble tea chain, and Sichuan Chagee, whcih has stores in Singapore. Read more at straitstimes.com.
HSBC banks top spot in Top 30 Strongest Brands in Hong Kong list
HSBC takes the top spot in the inaugural Kantar BrandZ Hong Kong Top 30 Brands Ranking. The report was produced in partnership between Kantar and Design Bridge and Partners ...
Higher interest rates to drive profits as HSBC, Standard Chartered prepare to report second-quarter results
Higher interest rates are expected to help drive profit gains at big Hong Kong lenders, including HSBC and Standard Chartered, in second quarter as US Federal Reserve prepares to hikes rates further.
Hong Kong, Singapore should ‘step up’ post-pandemic ties, leader of city state tells John Lee on first stop of chief executive’s Asean trip
Singapore Prime Minister Lee Hsien Loong says both governments have always had good relationship, while city's top official hails hospitality of hosts John Lee says purpose for trip to Southeast Asia ...
Hong Kong leader John Lee vows to seize business opportunities on Asean trip, lobby for support to join world’s largest free-trade pact
Chief Executive John Lee heads to Singapore, Malaysia and Indonesia with a delegation of five top officials and 30 leaders from cross-section of industries.
Hong Kong court to hold hearings on China Evergrande restructuring plan in September
HONG KONG (Reuters) -A Hong Kong court on Monday said it will hold ... "Ultimately, it depends on the group's ability to generate cashflow and its business operation onshore," said the lawyer. A ...
HSBC Buys Back Almost 3.99M Shrs for About $257M Last Fri
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 3.9899 million shares in the UK and Hong Kong markets last Friday (21st), involving a total of about HK$257 million. Of these, 1.8195 ...
Forecasters warn Typhoon Doksuri poses risk to Philippines, Taiwan, Hong Kong and China
A growing typhoon is sweeping across the Pacific Ocean toward the Philippines, with forecasters warning it could strengthen into a supertyphoon and press on towards Taiwan, Hong Kong or mainland China ...
Hong Kong court to hold hearings on China Evergrande restructuring plan in Sept
A Hong Kong court will hold sanction hearings over whether to approve embattled Chinese property developer China Evergrande Group's offshore debt restructuring plan on Sept. 5 and Sept. 6, the court ...
Abby Choi murder: Hong Kong police conduct tests and take measurements at village house ahead of defendants’ court appearance
White seven-seater car and other items were taken to house where more than 10 officers and three forensic evidence officers carried out tests.
Hong Kong stocks slide in pivotal week for China stimulus bets while developers slump as Fed prepares to raise rates
Stocks slide in a pivotal week for China stimulus bets with pressure on the Politburo to deliver. Property developers slump before another likely round of hike in interest-rates in the US and Hong ...
Storm Doksuri to intensify into super typhoon on Wednesday, but impact on Hong Kong unclear
A tropical storm barrelling towards the eastern coast of Guangdong province is set to intensify into a super typhoon on Wednesday and could affect Hong Kong. The Observatory on Monday said it would ...
Hong Kong’s grade-A office market recovery falters on economy woes, but hopes pinned on demand from expanding insurance sector
Hong Kong’s efforts to regain its status as an international business hub suffered a setback after its border reopening failed to stoke enough demand from corporate tenants as higher interest rates ...