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Tag: Hong Kong

Posted on December 7, 2023

Consulates, global bodies in Hong Kong must win approval from China’s foreign ministry to extend property leases

Government reveals new arrangement for consulates and high-level international bodies to gain approval for extending leases for properties they own Development Bureau does not name consulates concerned,

( read original story …)



Posted on December 7, 2023

Hong Kong wants more business with Saudi Arabia. Here’s why

In opening remarks on Thursday, Hong Kong Chief Executive John Lee called the gathering “yet another significant step forward, in the deepening [of] ties between Hong Kong and the Middle East, …
Posted on December 7, 2023

Hong Kong wants more business with Saudi Arabia. Here’s why

In opening remarks on Thursday, Hong Kong Chief Executive John Lee called the gathering “yet another significant step forward, in the deepening [of] ties between Hong Kong and the Middle East, …
Posted on December 7, 2023

Moody’s cuts outlook for eight China banks on potential credit quality decline; downgrades Hong Kong too

Moody’s Investors Service cut its outlook for eight Chinese banks to negative from stable on Wednesday, following an identical downgrade to China’s credit rating a day earlier.
Posted on December 6, 2023

Moody’s changes Hong Kong’s outlook to negative from stable

Moody’s on Wednesday downgraded its outlook on Hong Kong to negative from stable, a day after cutting China’s credit outlook citing costs to bail out local governments and state firms or to control …

( read original story …)



Posted on December 5, 2023

Thailand and Hong Kong Launch Cross-Border QR Payments

Thailand’s central bank and the Hong Kong Monetary Authority launched a new cross-border QR payment links. Read more here.
Posted on December 5, 2023

Hong Kong court puts off Chinese developer Evergrande’s hearing on its debt restructuring to January

A Hong Kong court will convene a hearing Monday on troubled Chinese property developer Evergrande’s plans for restructuring its more than $300 billion in debts.

( read original story …)



Posted on December 5, 2023

China Evergrande Avoids a Debt Disaster—for Now

The company was given until late January 2024 to reach a debt restructuring deal after Hong Kong’s High Court postponed a hearing that could have pushed Evergrande into liquidation.

( read original story …)



Posted on December 5, 2023

Another reporter vanished in China. Here’s what we know

Veteran Hong Kong-based journalist Minnie Chan vanished in Beijing after covering a global defense forum last month. CNN’s Will Ripley has more.
Posted on December 4, 2023

Gallagher launches insurance broker in Taiwan

The new unit will be a part of Gallagher’s Asia operations, which has expanded to include Japan and Hong Kong in the past 18 months.

( read original story …)



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