Defaulted Chinese developer Shimao Group Holdings is facing a demand to liquidate from creditor China Construction Bank (Asia) Corp., the latest example of a troubled builder grappling with legal …
China property developer Shimao faces liquidation petition from state-owned bank
Chinese property developer Shimao Group said on Monday that China Construction Bank (Asia) had filed a liquidation petition against it in Hong Kong over its failure to repay loans of HK$1,579.5 …
HSBC summit: Hong Kong’s heritage in ‘business of thriving’ is ‘not about to change’, John Lee tells global investors
I’m confident that as global investors, you can see the far-reaching promise of Hong Kong for yourself,’ Chief Executive tells HSBC summit.
China property giant Shimao faces winding-up case
In January, rival real estate giant China Evergrande was ordered to liquidate by a Hong Kong court. With more than $300bn of debt, Evergrande has been the poster child of China’s real estate crisis.
China property developer Shimao faces liquidation order from state-owned bank
By Scott Murdoch (Reuters) -Chinese property developer Shimao Group said on Monday that China Construction Bank (Asia) had filed a liquidation petition against it in Hong Kong over a financial …
Govt to promote Hong Kong as an IP trading hub: FS
Financial Secretary Paul Chan on Sunday said the SAR government will maintain Hong Kong’s status as an intellectual property (IP) trading hub by …
Govt to promote Hong Kong as an IP trading hub: FS
Financial Secretary Paul Chan on Sunday said the SAR government will maintain Hong Kong’s status as an intellectual property (IP) trading hub by …
Hong Kong: Lower Valuation Prompts Privatization
A greater number of companies listed on the Stock Exchange of Hong Kong (SEHK) are going private. In the first quarter of 2024, dealmakers executed $4 billion worth of take-private transactions …
When Qatar was seeking a head for its science and technology park, it called on a Hongkonger. Here’s why
During a business trip last year to Brazil, Hong Kong businessman and professor Jack Lau was invited by a friend to make an impromptu stopover in Qatar to deliver a talk on innovation and …
When Qatar was seeking a head for its science and technology park, it called on a Hongkonger. Here’s why
During a business trip last year to Brazil, Hong Kong businessman and professor Jack Lau was invited by a friend to make an impromptu stopover in Qatar to deliver a talk on innovation and …