VATICAN CITY (Reuters) – The overture Pope Francis made to China earlier this month while he was in Mongolia was “well received” by Beijing’s communist government, which has given a mainland bishop permission to visit Hong Kong, the archbishop of Hong Kong said on Thursday.
Evergrande: Why should I care if China property giant collapses?
Evergrande suspended the trading of its shares in Hong Kong on Thursday. It marks another low for the firm which was declared to be in default in 2021 after missing a crucial repayment deadline, triggering China’s current real estate market crisis.
Exclusive-HSBC to acquire Citigroup China consumer wealth business -sources
By Selena Li HONG KONG (Reuters) -HSBC is set to acquire Citigroup’s China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of the matter said,
Trading Of Shares Of Heavily Indebted Property Developer China Evergrande Suspended In Hong Kong
The Hong Kong stock exchange says trading of shares of heavily indebted Chinese property developer China Evergrande Group has been suspended.
Chinese tycoon Chen Hongtian’s seized luxury Hong Kong flat sells for US$53 million, 39% below market price
A 5,154 sq ft flat in Opus Hong Kong, seized from Chen Hongtian earlier this year, has sold for US$53 million to Kwai Sze Hoi, chairman of Hong Kong-listed Ocean Line Port Development, sources say.
Don’t write off Hong Kong and mainland China despite headwinds, Post’s ‘Redefining Hong Kong’ conference hears
Hong Kong and mainland China might be facing headwinds currently, but investors should not write them off as investment opportunities still abound, analysts say at a family office conference hosted by …
US Issues New Iran-Related Sanctions, Treasury Website Shows
WASHINGTON (Reuters) – The United States imposed new Iran-related sanctions on Wednesday on individuals in China and Iran and entities in Turkey, the United Arab Emirates and Hong Kong, the Treasury Department’s website showed. Copyright 2023 Thomson Reuters.
Will Singapore or Hong Kong finance the South’s next transition?
Within Asia, the richer and aging North East Asia (Japan, South Korea, China, Taiwan, Hong Kong SAR) are huge net savers, with net investment surpluses (including Singapore), amounting to $10.4 …
China’s Alibaba kicks off restructuring with plan to list logistics arm in Hong Kong
Alibaba Group on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that would make the unit the first to be separated since the Chinese e-commerce giant …
Thai supermarket chain Big C delays dual Hong Kong and Bangkok listing until 2024, when ‘economic activities will be better’, CEO says
Latest acquisition in Hong Kong will pave the way for cooperation with leading companies in the city and mainland China, CEO says during inauguration of Big C flagship store in Tsim Sha Tsui district …