Weil, Gotshal & Manges has made a rare Hong Kong lateral partner addition with a hire from U.S. rival Ropes & Gray. The firm has made its first Hong Kong restructuring partner hire with the addition ... ( read original story ...)
Alibaba, JD Fall In Hong Kong As Another Chinese Property Defaults On Debt Payment, No End To Power Crisis In Sight
JD.Com Inc. (NASDAQ: JD), Baidu Inc. (NASDAQ: BIDU), Xpeng Inc. (NYSE: XPEV), Li Auto Inc. (NASDAQ: LI) and Tencent ... ( read original story ...)
Hong Kong Monetary Authority takes first steps on digital currency, seeks comments on ‘e-HKD’
The Hong Kong Monetary Authority issued a 50-page white paper called ‘e-HKD: A technical perspective’ on Monday with the idea of exploring potential architecture and design options for the digital ... ( read original story ...)
Digital Banking: Hong Kong’s ZA Bank Enhances Financial Management Experience with New “Fixed-Rate” Tax Loan
ZA Bank has announced that it aims to streamline the financial management experience with a 'fixed-rate' tax loan at a 'guaranteed 1.58% APR.' Driven by the motto of “Be the Game Changer”, Hong Kong’s ... ( read original story ...)
China said to cancel HK anti-sanctions law
Fitch downgrades property developer Sinic to C from CCC. - (HK) Macau said to cancel Saturday public casino law consultation due to coronavirus. - (CN) China Banking and Insurance Regulatory ... ( read original story ...)
China to shelve anti-sanctions law in Hong Kong: Report
Backtrack from Beijing is unusual, but eases a major source of concern for city's financial markets.. Read more at straitstimes.com. ( read original story ...)
Hong Kong leader says Beijing has no timetable for anti-sanctions law
Hong Kong leader Carrie Lam said on Tuesday that Beijing has no timetable to extend an anti-sanctions law to the global financial hub, where financial institutions are concerned over the impact it ... ( read original story ...)
Citi appoints Pang to head clean energy banking in Asia
Citigroup has appointed William Pang as the head of its Natural Resources and Clean Energy Transition (NRCET) Investment Banking unit in Asia, according to a statement from the bank. Pang joined Citi ... ( read original story ...)
Hong Kong’s retail landlords bank on emerging concepts like art exhibitions, delivery-only kitchens to lease vacant shops
Hong Kong's retail landscape is undergoing a massive change, as art exhibitors and delivery-only kitchens help landlords fill up empty space in the city, which until recently had the world's highest ... ( read original story ...)
Evergrande, property management arm’s shares suspended from trading in Hong Kong
Evergrande, the world’s most indebted property developer, is facing more than US$300 billion in liabilities and questions have been rising about its ability to service its debt. ( read original story ...)
Property giant China Evergrande suspends Hong Kong market trading
Embattled property giant China Evergrande on Monday suspended trading in its shares on the Hong Kong stock exchange without giving a reason. ( read original story ...)
Hong Kong’s Hang Seng index drops 2% amid Evergrande trading halt
Trading in the Hong Kong-listed shares of China Evergrande Group as well as Evergrande Property Services was halted on Monday. ( read original story ...)
‘No defence’ for HSBC’s backing of oppression in Hong Kong
Top management are trying to ingratiate themselves with the CCP’, criticises City grandee Dame Helena Morrissey ... ( read original story ...)
Hong Kong stocks sink, extending a four-month slide, as Evergrande races against time to repay debt
Evergrande’s debt situation weighed on market sentiment as Chinese developer races against time to raise cash, repay borrowers and avert a default. ( read original story ...)