This comes after Evergrande said in filing to the Hong Kong Stock Exchange there was “no guarantee” it would have enough funds to meet debt repayments.
Asian shares mixed after China Evergrande warns of cash woes
Shares were mixed in Asia on Monday after troubled Chinese property developer Evergrande warned late Friday it may run out of money. Hong Kong dropped 1.2% but the Shanghai Composite index rose.
Hong Kong has ‘no basis to exist’ as a special region without Chinese constitution’s authorisation, finance chief Paul Chan warns
Financial Secretary Paul Chan’s comments echo those of Beijing’s top official in Hong Kong the previous day Chan calls national constitution the ‘fundamental law’, with supreme status and effect. Hong …
UAE – HKQAA Symposium Sustainable Finance and Climate Resilience • 2021
Announcement of new initiatives to align with Government climate change strategies HONG KONG SAR – Media OutReach – 3 Dece …
Explainer: How could China’s Didi delist from the New York Stock Exchange?
China’s ride-hailing giant Didi Global Inc’s announcement on Friday that it plans to withdraw from the New York Stock Exchange and pursue a Hong Kong listing raises the question of how the move will …
Cowed by China, ride-hailing giant Didi plans to leave U.S. stock market months after debut
Just five months after its debut, ride-hailing giant Didi Global said it plans to withdraw from the New York stock exchange and pursue a listing in Hong Kong.
China’s ride-hailing firm Didi to switch listing from New York to Hong Kong
Stock exchange decision comes as Beijing cracks down on technology firms listing overseas …
Nepal to ban arrivals from 8 African countries, Hong Kong over Omicron fears
Nepal will ban the entry of travellers who have been in eight African countries or Hong Kong, to curb the spread of the new Omicron coronavirus variant, a government spokesman said on Friday.
China’s Didi to delist from New York and go public in Hong Kong
Didi Chuxing, the Chinese ride-hailing group hit by Beijing’s regulatory crackdown on technology companies, said it would delist from the New York Stock Exchange in an acceleration of China’s …
China app giant Didi plans US stock market exit in move to Hong Kong
Chinese ride-hailing giant Didi Global has announced plans to take its shares off the New York Stock Exchange (NYSE) and move its listing to Hong Kong. The firm has come under intense pressure since …