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Posted on 30/01/2024

Stock market today: Chinese stocks lead Asia’s gains, Evergrande faces liquidation

Asian markets opened the week on a positive note, with Chinese regulators announcing measures to support the country’s teetering stock markets while heavily indebted property developer China Evergrande was ordered to undergo liquidation.

Posted on 29/01/2024

China Evergrande Group ordered to liquidate; Hong Kong trading suspended

Chinese property giant Evergrande Group was placed into liquidation Monday by a court in Hong Kong after the company repeatedly failed to come up with a viable plan to restructure liabilities of at least $325 billion.

Posted on 29/01/2024

Harvest Fund Applies for Spot Bitcoin ETF in Hong Kong

Harvest Fund Management seeks approval for Hong Kong's first spot Bitcoin ETF, which is aiming for a post-Lunar New Year launch.

Posted on 29/01/2024

Expats: Nicole Kidman show about Hong Kong not shown in city

It's a show about the life of foreigners in Hong Kong - but has aired everywhere except in the city itself. Expats - an Amazon Prime series starring Nicole Kidman - centres around the lives of three American women.

Posted on 29/01/2024

Expats: Bemusement after Amazon show about Hong Kong not shown in city

It's a show about the life of foreigners in Hong Kong - but has aired everywhere except in the city itself. Expats - an Amazon Prime series starring Nicole Kidman - centres around the lives of three American women.

Posted on 29/01/2024

Evergrande: Crisis-hit Chinese property giant ordered to liquidate

Debt-laden Chinese property giant Evergrande has been ordered to liquidate by a court in Hong Kong. Judge Linda Chan said "enough is enough" after the troubled developer repeatedly failed to come up with a plan to restructure its debts.

Posted on 29/01/2024

Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails

Property developer China Evergrande Group has been ordered to liquidate after it failed to reach a restructuring deal with creditors.

Posted on 29/01/2024

Reactions: China Evergrande ordered to liquidate by Hong Kong court

A Hong Kong court on Monday ordered the liquidation of China Evergrande Group , a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain the ...

Posted on 29/01/2024

Evergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court: ‘Enough is enough’

China Evergrande Group helped trigger China’s real estate crisis just over two years ago. The developer, with more than $300 billion in total liabilities, became the poster-child for debt problems in ...

Posted on 29/01/2024

Hong Kong Stablecoin Push Attracts One of China’s Top Fund Firms

(Bloomberg) -- A push in Hong Kong to roll out rules for stablecoins as soon as this quarter has drawn interest from companies including the international arm of major Chinese asset manager Harvest Fund Management Co., people familiar with the matter said.

Posted on 29/01/2024

Hong Kong-made espresso machines? ‘Boutique’ manufacturers tap tech for efficiency, target government funds for ‘smart’ shake-up

Tang Wing-sze had plastic covers over her shoes as she entered her Hong Kong factory’s “clean room” to check on freshly assembled electronic components on circuit boards. But the founding member and ...

Posted on 29/01/2024

Hong Kong youth unhappy with parents posting details of their lives on social media

Majority of youngsters said it was important to have their privacy protected, finds survey Majority of Hong Kong youngsters said it was important to have their privacy protected. Photo: Shutterstock ...

Posted on 29/01/2024

Amazon’s Expats puts Hong Kong government in ‘awkward position’, features ‘glamorised’ lifestyle

Lawmakers say exemptions given to production crew during pandemic did not pay off and show puts city in poor light, while expats question accuracy of portrayal.

Posted on 29/01/2024

Hong Kong customs arrest 2 passengers over suspected smuggling of tiger teeth, pangolin meat and live turtles

Airport customs officers arrest 50-year-old man over tiger teeth and pangolin meat worth about HK$50,000; woman, 45, detained over 64 live turtles worth HK$650,000.

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