Alternative investment manager Ares Management Corp. has sent a proposal in recent days to some banks to buy out a stake in a HK$10.2 billion ($1.3 billion) project loan backing luxury-property …
Hong Kong – Contractually Obliged To Play Ball.
Successfully acted for the Spalding Group, a leading sports equipment manufacturer, in a Hong Kong case involving trade mark infringement, infringing company names and passing off proceedings, where …
One of the oldest hotels in Hong Kong is the definition of luxury. 13 photos offer a glimpse inside Art Basel’s hotel partner, The Peninsula.
The Peninsula Hong Kong offers luxurious suites, restaurants, and amenities. Explore the hotel that has hosted stars such as Madonna and Tom Cruise.
Number of Hong Kongers in Taiwan rising
The number of Hong Kongers obtaining permanent residency in Taiwan rose 10.5 percent from 2022 to last year, the Mainland Affairs Council (MAC) said. Last year, 1,432 Hong Kongers obtained permanent …
China Market Update: Yellen’s Trip Helps Mend US-China Relations
Asian equities were mixed but mostly higher as Mainland China fell while Indonesia and Thailand were on holiday. Hong Kong bounced around the room to manage a small gain for the session, though growth …
Chinese Developer Shimao Receives Wind-Up Petition in Hong Kong
Defaulted Chinese developer Shimao Group Holdings is facing a demand to liquidate from creditor China Construction Bank (Asia) Corp., the latest example of a troubled builder grappling with legal …
China property developer Shimao faces liquidation petition from state-owned bank
Chinese property developer Shimao Group said on Monday that China Construction Bank (Asia) had filed a liquidation petition against it in Hong Kong over its failure to repay loans of HK$1,579.5 …
HSBC summit: Hong Kong’s heritage in ‘business of thriving’ is ‘not about to change’, John Lee tells global investors
I’m confident that as global investors, you can see the far-reaching promise of Hong Kong for yourself,’ Chief Executive tells HSBC summit.
China property giant Shimao faces winding-up case
In January, rival real estate giant China Evergrande was ordered to liquidate by a Hong Kong court. With more than $300bn of debt, Evergrande has been the poster child of China’s real estate crisis.
China property developer Shimao faces liquidation order from state-owned bank
By Scott Murdoch (Reuters) -Chinese property developer Shimao Group said on Monday that China Construction Bank (Asia) had filed a liquidation petition against it in Hong Kong over a financial …