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Tag: Hong Kong

Posted on January 29, 2024

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

Signage for China Evergrande Group’s Evergrande Plaza in Hefei, China. China Evergrande Group helped trigger China’s real estate crisis just over two years ago. The developer, with more than $300 …
Posted on January 29, 2024

Embattled China Evergrande back in court for liquidation hearing

China Evergrande Group goes back to a Hong Kong court on Monday in a high-profile case to decide whether to liquidate the Chinese property developer that has been at the centre of a spiralling debt …
Posted on January 28, 2024

Hong Kong is facing a repeat of 1998 Asia financial crisis

A year ago, Hong Kong’s finance industry was hoping that a China reopening would unleash pent-up consumer demand and bring deals and prosperity to the city. There is no such illusion left. As the Hang …
Posted on January 28, 2024

Egypt to issue bonds on Hong Kong Stock Exchange: Finance minister

Egypt is poised to issue bonds denominated in the local currency (Hong Kong dollar) on the Hong Kong Stock Exchange, Minister of Finance Mohamed Maait said on Saturday. In addition to the bond …
Posted on January 28, 2024

Evergrande back in court, Marcos in Vietnam, Myanmar takeover anniversary

Welcome to Your Week in Asia. A Hong Kong court will consider a winding-up petition for troubled Chinese property developer Evergrande Group on Monday, while Philippine President Ferdinand Marcos Jr.

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Posted on January 28, 2024

China Evergrande: What if the property giant is liquidated?

One of China’s largest real estate developers faces a winding-up petition in a Hong Kong court on Monday. A liquidation of the firm could have far reaching consequences for the world’s second-largest …

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Posted on January 28, 2024

Asia-Pacific companies integrate ESG metrics into executive incentive plans amid demands to promote sustainable business practices

Australia, Japan and Singapore companies lead the region in incorporating ESG metrics in their incentive plans Hong Kong and Chinese companies trail their Asia-Pacific peers in tying pay to ESG …
Posted on January 27, 2024

Hong Kong ETFs: What They Are and How They Work

Hong Kong ETFs expose investors to Hong Kong’s financial markets and can be a way to diversify portfolios geographically.
Posted on January 26, 2024

China property: Evergrande’s Hengda unit to sell stake in Shantou project for US$19.4 million as Hong Kong court hearing nears

A unit of China Evergrande Group, the most indebted property developer in mainland China, has agreed to sell its stake in a project in Shantou, southern Guangdong province, continuing to pare down …

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Posted on January 25, 2024

Hong Kong’s office slump squeezes real estate funds

Hong Kong: Real estate funds are getting caught in Hong Kong’s worst commercial property slump after making ill-timed investments when the market peaked just a few years ago. Funds are increasingly …

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