HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese bank and Hong Kong real estate, while the bank pushed ahead with a global …
As Evergrande faces delisting, China property debt revamp drags on
China Evergrande Group looks set to be kicked off the Hong Kong exchange next month after failing to revamp its debt and being pushed into liquidation, with the stubbornly weak Chinese property sector clouding the outlook for debt restructuring by its peers.
McDonald’s Hong Kong property sale draws investor interest
In a statement, the fast-food giant highlighted its ongoing review of its property portfolio, which has led to the decision to offer the Hong Kong sites for sale. McDonald’s reass …
Hongkong Land says office property market is stabilising
By Clare Jim HONG KONG (Reuters) -High-end property developer Hongkong Land said the Hong Kong office market in the Central financial district was showing signs of stabilising and that its portfolio …
McDonald’s to sell 8 Hong Kong retail spaces valued at $153 million, JLL says
McDonald’s Corp is planning to sell eight prime retail properties in Hong Kong with a total market value of around HK$1.2 billion ($152.89 million), JLL, which has been appointed as the sole agent of …
McDonald’s reportedly to sell 8 Hong Kong properties
Fast food giant McDonald’s is planning to sell eight prime retail properties in Hong Kong with a total market value of HK$1.2 billion, according to …
China Fires Back at US Allies: ‘Political Manipulation’-
British and Australian officials blasted China over a range of grievances, from Hong Kong to the South China Sea.
OSL Group Raises $300M as Hong Kong Prepares for Stablecoin Regulation Shift
Hong Kong crypto firm OSL Group raises $300M for global stablecoin and payment network expansion ahead of the region’s new digital asset rules.
Trump tariffs live updates: China truce extension expected, meeting with EU underway
The South China Morning Post, a Hong Kong-based English-language newspaper, reported on Sunday that “Beijing and Washington are expected to extend their tariff truce by another three months at trade …
Trump tariffs live updates: China truce extension expected, meeting with EU underway
The South China Morning Post, a Hong Kong-based English-language newspaper, reported on Sunday that “Beijing and Washington are expected to extend their tariff truce by another three months at trade talks in Stockholm beginning on Monday,