Carousell said last week it raised $100 million in fresh funds that valued the company at more than a billion dollars. ( read original story ...)
Hong Kong Seen Struggling to Lure SPACs With Strict Rulebook
Hong Kong could have a hard time attracting blank check companies after it proposed a high threshold to list in the city. In a consultation paper released on Friday, Hong Kong Exchanges & Clearing Ltd ... ( read original story ...)
COMMENT: Are Hong Kong property tycoons China’s next target?
Hong Kong's red-hot real estate market has been a driver of social unrest. It’s only a matter of time before Beijing targets the sector under its common prosperity campaign. ( read original story ...)
Hang Seng index drops more than 3% as Evergrande shares plunge 10%, other property stocks fall
The Hang Seng index dropped 3.3% to close at 23,099.14. Shares of China Evergrande Group in the city plummeted 10.24%, after falling as much as 17% earlier. The Hang Seng Properties index dropped to a ... ( read original story ...)
Hang Seng index slapped Amid the Evergrande share price meltdown
The Hang Seng index dropped to the lowest level in eleven months as contagion risks rose. The index declined by more than 3.3% ... ( read original story ...)
Hong Kong’s Hang Seng index drops nearly 4% as Evergrande shares plunge nearly 17%, other property stocks fall
Hong Kong's Hang Seng index led losses in Monday trade, with shares of embattled Chinese developer China Evergrande Group continuing to drop. The Hang Seng Properties index declined nearly 7%, ... ( read original story ...)
Evergrande contagion fears hit Hong Kong stocks, with default expected
Fears of a contagion from the potential collapse of battered Chinese real estate giant Evergrande sent property shares plunging in Hong Kong on Monday ... China Minsheng Bank, Agricultural Bank of ... ( read original story ...)
Hong Kong property firms plunge as Evergrande fears grow
The Hong Kong stock exchange tumbled Monday over fears of a contagion from the potential collapse of Chinese real estate giant Evergrande as it struggles under a mountain of debt.The firm, one of the ... ( read original story ...)
RPT-Hong Kong shares, yuan battered by plunging property stocks
Hong Kong shares fell to an 11-month low and the offshore yuan weakened on Monday, as a plunge in beleaguered property developer China Evergrande Group led other stocks in the sector lower. ( read original story ...)
Hong Kong Stocks Sink as Property Fear Spreads Beyond Evergrande
Growing investor angst about China’s real estate crackdown rippled through markets on Monday, pummeling Hong Kong developers and adding pressure on Beijing authorities to stop financial contagion from ... ( read original story ...)
Hong Kong Stock Index Plunges 3.9% As Evergrande Contagion Spreads Beyond Real Estate Into Banks
Hong Kong’s benchmark stock index plunged 3.9% this morning and is on track to close at a near one-year low year as contagion spread from the collapse of shares at real estate developer China ... ( read original story ...)
Hong Kong Stocks Sink as Evergrande Woes Spread, Ping An Tumbles
Concerns about the health of China’s real estate sector spilled into Hong Kong markets on Monday, sparking the biggest selloff in property stocks in more than a year and dragging down everything from ... ( read original story ...)
Asian markets sink ahead of Fed, Hong Kong plunges again
Asian markets fell Monday in holiday-thinned trade, dragged by a range of issues including the Federal Reserve's plans to taper monetary policy, surging Delta infections, China's regulatory crackdown ... ( read original story ...)
DBS Bank Hong Kong crowned king at PR Awards
The competition was incredibly tight with close to 270 entries across 30 categories and a total of 99 trophies awarded to the leading brands and agencies across the regions at the ceremony. ( read original story ...)