By Clare Jim HONG KONG (Reuters) -China Evergrande Group looks set to be kicked off the Hong Kong exchange next month after failing to revamp its debt and being pushed into liquidation, with the …
Chinese independent oil companies in Iraq
The small Hong Kong-listed company, which produces oil and gas in Pakistan and China’s Liaohe oilfield, produces around 120,000 barrels per day of oil in Iraq’s block 9, the largest among the …
Is Saudi Arabia the next Dubai for Hong Kong and mainland Chinese property investors?
Saudi Arabia could replicate the success of Dubai in attracting foreign property investors, including those from Hong Kong and mainland China, following the kingdom’s relaxation of homebuying rules, …
China Mobile buys over 14% stake in HKBN for $138 million
China Mobile , the world’s biggest wireless carrier by users, said on Monday it had bought a 14.4% stake in Hong Kong-based broadband service provider HKBN for HK$1.08 billion ($137.58 million).
Hong Kong’s struggling office market drags down HSBC’s earnings
In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.
Billionaire Robert Ng’s Eldest Son Taking The Helm At Hong Kong Property Giant Sino Group
Robert Ng, 72, who took over from his father and group founder—the late Ng Teng Fong—in 1991, is retiring from his positions at Sino Group after building the group’s footprint across the Asia Pacific …
Fintech firms rush to raise equity in Hong Kong to tap crypto frenzy
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) -Fintech companies are rushing to raise equity in Hong Kong to fund expansions in cryptocurrencies, capitalising on investor fervour as the …
Can Hong Kong’s IPO boom plug the hole in the city’s floundering office market?
Massive uptake of office space by financial firms amid an upturn in the city’s IPO fortunes offers a glimmer of hope for the property sector.
Hong Kong property deals cry for China investment
Iconic buildings don’t often change hands. Yet a trio of prime commercial properties in Hong Kong is now up for grabs. Each carries a strong connection to China’s state-backed giants, which could …
US sanctions international suppliers supporting Iran’s Shahed drone manufacturer
The measures target five companies and one individual based in Iran, China, Hong Kong, and Taiwan, allegedly involved in sourcing sensitive technology for the Iranian Aviation Manufacturing Company …