China’s leaders indicated they would step up support for the economy, employing language they haven’t used since the depths of the global financial crisis. Here’s how markets responded: Hong Kong’s …
Hong Kong court dismisses petition to liquidate Chinese developer Shimao Group
China’s Shimao Group said on Monday that the High Court in Hong Kong dismissed a petition seeking the liquidation of the embattled property developer. The petition was filed by China Construction Bank …
Hongkongers pour fresh capital into Japan’s booming hospitality sector
The favourable view of Japan’s hospitality sector is underpinned by the country’s improving economic prospects From individuals to large companies, Hong Kong-based investors are flocking to Japan’s …
China’s Trustar raises $1 bln for vehicle that holds McDonald’s China stake, sources say
Trustar Capital has raised $1 billion for a continuation fund that will hold the Chinese private equity firm’s controlling stake in McDonald Corp’s operations in mainland China and Hong Kong, two sources with knowledge of the matter said.
China’s Trustar raises $1 bln for vehicle that holds McDonald’s China stake, sources say
Trustar Capital has raised $1 billion for a continuation fund that will hold the Chinese private equity firm’s controlling stake in McDonald Corp’s operations in mainland China and Hong Kong, two sources with knowledge of the matter said.
Hong Kong Democracy Activist Jimmy Lai Denies Inciting Hatred Towards China in Trial
HONG KONG (Reuters) – Pro-democracy activist Jimmy Lai said on Thursday he was against violence and had not sought to incite hatred against China and Hong Kong authorities by calling for protests to defend basic rights, speaking in his second day of testimony in a landmark national security trial.
Hong Kong property tycoons plough money into rebounding IPO market
Property tycoons are lending their support to the Hong Kong IPO market for the first time in years, a move that could help fan the flames of a nascent recovery.
China’s tycoons sell luxury Hong Kong homes at steep discounts
Some wealthy Chinese have been selling their high-end homes in Hong Kong, one of the world’s most expensive luxury property markets, at fire sale prices this year.
China’s vice premier vows to boost Hong Kong competitiveness, says stimulus push has ‘benefited’ the city
Chinese Vice Premier He Lifeng and several top financial policymakers have gathered at the third Global Financial Leaders Investment Summit.
China Mobile in Talks to Buy Hong Kong Tower Seized From Tycoon
China Mobile Hong Kong is in talks to buy commercial property in Hong Kong once owned by struggling tycoon Chen Hongtian, according to people familiar with matter.