Shares of New World Development jumped as much as 11% in early trading on Wednesday, after the Hong Kong major property developer received commitments for a HK$88.2 billion ($11.2 billion) loan …
Transcript: Hong Kong’s bull run leaves China in the dust
The UK government got its welfare bill over the line, but only after huge concessions. And Hong Kong’s stock market is leaving mainland China’s in the dust. Meanwhile, China has a chokehold on the …
China Sanctions Former Philippine Senator as Tensions Swell
China has sanctioned former Philippine Senator Francis Tolentino, prohibiting him from entering mainland China, Hong Kong and Macau, in a rare move as tensions with Manila rise.Most Read from …
Rebound in Hong Kong’s home prices unlikely to come this year: analysts
Analysts say a supply overhang in the city’s residential real estate market is likely to loom this year and next.
Hong Kong real estate gets short-term loose-money bump
HONG KONG] Two of Hong Kong’s iconic property landmarks are benefiting from the city’s surprisingly loose short-term lending environment, although analysts say this is most likely a temporary blip …
China’s Zijin buys Kazakhstan gold mine for $1.2B ahead of overseas unit’s Hong Kong listing
China’s Zijin Mining (OTCPK:ZIJMF), one of the country’s largest miners of gold and copper, has struck a deal to buy the Raygorodok Gold Mine in Kazakhstan for $1.2 billion. The deal comes ahead of a …
As Singapore snares its largest Reit IPO in a decade, the Hong Kong exchange is busier than ever
SINGAPORE] The last week has seen good news for the Singapore Exchange (SGX). Not only is NTT’s upcoming real estate investment trust (Reit) listing likely to be the largest S-Reit listing in a decade …
Investors turn to stocks to gain exposure despite China’s crypto ban
Mainland investors in China are flooding into Hong Kong’s equity markets to sidestep Beijing’s crypto ban, using stocks as a backdoor into the digital space. This demand, locked up since the 2021 …
Singapore crypto crackdown set to spark moves to Hong Kong and Dubai
Hong Kong and Dubai are expected to be the main beneficiaries of a crackdown in Singapore on crypto exchanges, with unlicensed players being forced to close or move their operations by the end of the …
A Hong Kong Property Dynasty in Disarray
After a year of turmoil for the Cheng family, New World Development is trying to refinance $11 billion. Bloomberg Originals explores how it all happened.