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Tag: Hong Kong

Posted on November 9, 2022

China’s security agency in Hong Kong buys US$65 million luxury villa

China’s national security agency in Hong Kong spent HK$508 million (US$65 million) on a luxury villa in an exclusive neighbourhood perched on a hill above the city, registry data has revealed. The pur …

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Posted on November 9, 2022

China’s security agency in Hong Kong buys $65 mn luxury villa

China’s national security agency in Hong Kong spent HK$508 million ($65 million) on a luxury villa in an exclusive neighbourhood perched on a hill above the city, registry data has revealed. The …

( read original story …)



Posted on November 9, 2022

StanChart CEO Sees ‘Big Boost’ When HK-China Border Reopens

Standard Chartered Plc’s Chief Executive Officer Bill Winters is bullish on the bank’s China business despite the geopolitical tensions and sees things picking up when travel between Hong Kong and the …
Posted on November 9, 2022

Alibaba’s Jack Ma and China’s super-rich see billions wiped off fortunes as economy slows

China’s super-rich saw their wealth tumble by the most in over two decades this year, as the Russia-Ukraine war, Beijing’s zero-Covid measures and falling mainland and Hong Kong stock markets pummeled …
Posted on November 8, 2022

China Evergrande says Hong Kong land plot sold by receivers for $637 mln

China Evergrande Group said on Sunday its interests in a plot of undeveloped land for residential development in Hong Kong’s Yuen Long district have been sold by its receivers for $636.94 million.

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Posted on November 8, 2022

Chinese developer Logan faces creditors’ wrath after multiple bond defaults amid property slump, stock sinks

Logan Group and two of its subsidiaries are facing winding-up petitions in Cayman Islands and Hong Kong, according to an exchange filing Shenzhen-based developer skipped interest payments on …

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Posted on November 7, 2022

Evergrande creditors sell ‘Versailles mansion’ plot in Hong Kong

Creditors of the world’s most indebted property company China Evergrande sold a Hong Kong plot intended for the construction of a Versailles-inspired mansion, forcing the Chinese developer to take a …

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Posted on November 7, 2022

China Evergrande says Hong Kong land plot sold by receivers for $637 million

China Evergrande Group said on Sunday its plot of undeveloped land for residential development in Hong Kong’s Yuen Long district has been sold by its receivers for $636.94 million. The land project is …

( read original story …)



Posted on November 7, 2022

Creditor Oaktree sells Evergrande’s ‘Versailles mansion’ plot in Hong Kong

Oaktree Capital has sold a vast plot of land seized from Evergrande in Hong Kong that was intended for the construction of a Versailles-inspired mansion, forcing the heavily indebted Chinese property …

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Posted on November 7, 2022

Easing Hong Kong’s COVID curbs, opening China border top bankers’ wish list -HKMA chief

Eddie Yue Wai-man, Chief Executive of the Hong Kong Monetary Authority (HKMA) poses for a picture during an interview with Reuters in Hong Kong, China 4, 2022. REUTERS/Tyrone Siu …

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