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Tag: Hong Kong

Posted on November 22, 2023

The founder of Evergrande just lost 2 Hong Kong mansions collectively valued at $200 million to a creditor

The two luxury mansions in Hong Kong’s prestigious The Peak neighborhood were pledged for an HK$821 million loan in late 2021.

( read original story …)



Posted on November 22, 2023

Hong Kong Bankers Have Lots of Free Time, Anxiety as Deals Slump

Eighty-hour weeks. Multi-billion dollar deals. Huge bonuses. Until recently, life as an investment banker in Hong Kong was both intense and lucrative.Most Read from BloombergSam Altman, OpenAI Board …
Posted on November 22, 2023

Hong Kong Bankers Have Lots of Free Time, Anxiety as Deals Slump

Eighty-hour weeks. Multi-billion dollar deals. Huge bonuses. Until recently, life as an investment banker in Hong Kong was both intense and lucrative.Most Read from BloombergSam Altman, OpenAI Board …
Posted on November 22, 2023

More steps needed to improve Hong Kong-US ties, John Lee says, adding sanctions have affected efforts to promote city

Lee on Tuesday said he despised the “unreasonable” sanctions on him, but stressed that Hong Kong would play an active role in fulfilling the agreements struck between Chinese President Xi Jinping and …
Posted on November 21, 2023

More positive steps needed to improve Hong Kong-US ties, sanctions have affected efforts to promote city, John Lee says

Chief Executive John Lee says he despises the ‘unreasonable’ sanctions on him, describing the move as form of bullying.
Posted on November 21, 2023

McDonald’s increases its minority stake in China business with Carlyle deal

In 2017, the fast-food giant sold control of its restaurants in mainland China, Hong Kong and Macao to Carlyle and Citic.
Posted on November 21, 2023

McDonald’s Buys Back Minority Stake in China Business

Carlyle acquired its stake in McDonald’s (ticker: MCD) in 2017, when the company sold its operations in mainland China and Hong Kong to a locally led consortium for $2.1 billion. CITIC Capital, an …
Posted on November 21, 2023

McDonald’s to acquire Carlyle’s stake in China unit

Nov 20 (Reuters) – McDonald’s (MCD.N) said on Monday it would acquire investment firm Carlyle’s (CG.O) 28% stake in a partnership that manages its business in mainland China, Hong Kong and Macau, as …
Posted on November 20, 2023

McDonald’s increases its minority stake in China business

In 2017, the fast-food giant sold control of its restaurants in mainland China, Hong Kong and Macau to Carlyle and Citic.
Posted on November 20, 2023

McDonald’s to Acquire Carlyle’s Stake in McDonald’s China

CHICAGO and HONG KONG, Nov. 20, 2023 /PRNewswire/ — McDonald’s Corporation (NYSE: MCD) and global investment firm Carlyle (NASDAQ: CG) today announced that McDonald’s has agreed to acquire Carlyle’s …

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