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 ...)
EXCLUSIVE Evergrande CEO in Hong Kong for restructuring, asset sale talks, sources say
Evergrande Group's chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles ... ( 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 ...)
Is Nicole Kidman back in Hong Kong? False reports spark fresh debate over city’s Covid-19 quarantine exemptions
Chinese-language media reports that actress has returned to finish shooting TV show following filming in August, when she was allowed to skip isolation, but official source says Kidman is not in Hong ... ( read original story ...)
Hong Kong seizes smuggled Australian lobsters amid China ban
Australian lobsters seized by the Hong Kong Customs during an anti-smuggling operation, are displayed at a news conference in Hong Kong, Friday, HONG KONG (AP) — Hong Kong and mainland authorities ... ( 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 protests: Polytechnic University scientist who tried to help protester shot by police jailed for a year
A Hong Kong scientist who tried to get medical attention for a protester shot by police during the civil unrest in 2019 has been jailed for a year for taking part in an unlawful assembly. Dr Yau ... ( read original story ...)