Debt-laden developer Times China Holdings is faced with a winding-up petition as it becomes the latest property company creditors are seeking to liquidate.
CVC Capital, the private equity giant behind Six Nations and LaLiga, plans to launch $1.3 billion IPO in Amsterdam after past delays
The firm, cofounded by four finance professionals as an arm within Citigroup over 40 years ago, has soared to become Europe’s top private equity group.
Ex-Hong Kong leader Carrie Lam needs office costing HK$9 million annually to match status, admin chief tells sceptical lawmakers
No suitable government premises available when Lam finished her term as leader, Director of Administration Millie Ng tells lawmakers Following the end of Lam's five-year term in 2022, the government ...
Bitcoin and Ethereum ETFs are predicted to be launched in Hong Kong
Similarly, Bosera Capital and Harvest Global Investments announced the approval of their applications for Bitcoin and Ethereum spot ETFs. However, these announcements have been removed as of the ...
HSBC lays off at least a dozen Asia dealmakers amid weaker activities, sources say
HSBC is laying off more than a dozen of its investment banking staff in Asia as dealmaking in the region slows, three people with knowledge of the matter told Reuters on Tuesday. Bankers in Hong Kong ...
Hong Kong’s bitcoin, ether ETFs seen as attractive to Asian buyers, but ‘child’s play’ compared with scale of US market
The Asian finance hub's upcoming spot cryptocurrency ETFs could attract regional investors who do not want to bother with US accounts and tax forms, experts say Hong Kong is the first major financial ...
HSBC cuts a dozen Asia dealmakers, source says
HSBC is laying off around a dozen of its Asia investment banking staff, a person with knowledge of the matter told Reuters on Tuesday.
Hong Kong lawmakers slam HK$3.75 million monthly bill for 6 Covid isolation facilities on standby
Monthly expenditure on six standby facilities covers electricity and maintenance costs, as well as charges for security services from contractors.
Times China faces winding-up petition filed by Hang Seng Bank in a Hong Kong court
Debt-laden developer Times China Holdings is faced with a winding-up petition as it becomes the latest property company creditors are seeking to liquidate.
Hong Kong could become Asia’s crypto hub with Bitcoin and Ethereum ETFs
After the weekend's volatility due to the increasing conflict in the Middle East, crypto saw some positive news coming from Hong Kong yesterday. Bitcoin and Ethereum spot exchange traded fund (ETF) ...
TIMES CHINA Hit by Winding-up Petition From HANG SENG BANK, Involving Financial Obligations of HK$2B+
TIMES CHINA Hit by Winding-up Petition From HANG SENG BANK, Involving Financial Obligations of HK$2B+ HANG SENG BANK Buys Back 599.2K Shrs, Involving $58.07M ...
HSBC Subsidiary Files Liquidation Petition Against Chinese Developer
A Hong Kong bank majority-owned by HSBC Holding has filed a liquidation petition against Times China, another instance of creditors seeking to recoup funds from developers amid China’s protracted ...
Hong Kong stocks at 3- week lows as China data points to patchy economic recovery
Hong Kong stocks struck a three week low as investors looked past consensus beating GDP data and focused on weak retail, industrial and property data which weighed on sentiment.
Property developer Times China receives winding-up petition in Hong Kong
This is at least the second winding-up case against major Chinese developers this month. Read more at straitstimes.com.