Introduction
On Thursday, the Hong Kong Stock Exchange witnessed a series of important announcements from companies, particularly property developers and banks, following the default of a $15 million interest payment by Country Garden Holdings Limited (CTRYF) on Wednesday. In...
The Chinese property market is facing a growing crisis as hidden debt entanglements among financial firms come to light, causing concern for investors and triggering a bank run. Recent reports highlight how private equity, especially Ping An Insurance...
China’s largest ride-hailing company Didi Global Inc. DIDIY aims to list on the Hong Kong Stock Exchange according to a Bloomberg report Friday.Didi was forced to delist from the New York Stock Exchange last year after it was fined...
This year marks the year of the big China stock sell-off: both the Hang Seng Index and China’s Shanghai Composite Index are well in the red. The iShares China Large Cap ETF FXI is off 8% so far in...
Talk in China Wednesday turned to how much of the country’s multi-billion warchest the government is about to use to stimulate its flagging economy.Rumors of a Chinese government stimulus have been buoying investors lately in Hong Kong as stocks...
Hong Kong-based property giant, Hysan Development Company Limited (HYSNY), has recently issued a prospectus for up to $4 billion of medium-term bonds. This is a significant increase compared to its average medium-term debt tranche, which was around HK$300...
Hong Kong Broadband Network (HKBN Ltd.), the second-largest telecommunications provider in Hong Kong, has issued a profit warning due to the impact of rising interest rates on its earnings.
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China's national Golden Week Holiday in early October yielded mixed results for the economy, falling short of government expectations. While the holiday provided a boost to spending, stock markets remained subdued due to various factors including consumer spending...
Chinese real estate developers are experiencing one of the most challenging periods in recent history. With a significant decline in home sales in mainland China, these developers are defaulting on billions of dollars in debt. The slowing real...
Hong Kong investors have bid up shares in anticipation of government stimulus measures that will boost China's sluggish economy. The Hang Seng Index closed the week with a 1.6% gain, reaching 17,485.98.
During China's National Golden Week Holiday, the...