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Sunac China shares plunge

Reuters on MSN · 6h

Developer Sunac China gets liquidation petition, Hong Kong judiciary website shows

A liquidation petition has been filed against indebted property developer Sunac China, the Hong Kong judiciary's website showed late on Thursday. The petition has been filed by a unit of asset manager China Cinda Asset Management,

Bloomberg L.P. · 17h

Developer Sunac China Receives Liquidation Petition in Hong Kong

Defaulted builder Sunac China Holdings Ltd. has received a liquidation petition in Hong Kong, according to the city’s judiciary website.

MarketWatch · 1h

Sunac China Shares Fall Sharply After Receiving Winding-Up Petition

Shares of Chinese property developer Sunac China tumbled after the company received a winding up petition as the country continues to struggle with its property sector downturn. Shares fell 24% to 1.33 Hong Kong dollars, or equivalent of 17 U.S. cents, on Friday's afternoon trading.

Reuters on MSN · 1h

Sunac China shares, bonds sink after liquidation petition filed against developer

By Clare Jim HONG KONG (Reuters) -Sunac China shares and bonds plunged on Friday after a liquidation petition was filed against the property developer, adding to concerns over its business recovery and repayment ability despite an offshore debt restructuring in 2023.

China, Hong Kong and mutual funds

malaymail · 7h

Hong Kong mutual funds sell out as China eases trading limits

Chinese investors are buying up large amounts of Hong Kong mutual fund products that invest overseas, particularly bonds, after authorities expanded

devdiscourse · 1d

China's Investment Surge: A Boon for Hong Kong Mutual Funds

Chinese investors are heavily purchasing Hong Kong mutual fund products that invest overseas, particularly in bonds, following expanded cross-border trading opportunities. The Mutual Recognition of Funds (MRF) scheme has become a significant outlet due to higher quotas for mainland investors,

cryptonews · 10d

China’s Central Bank Highlights Hong Kong’s Crypto Licensing in 2024 Report

China's central bank emphasizes Hong Kong's proactive crypto licensing in its 2024 report, highlighting the need to integrate digital assets.

5hon MSN

Millennium Hedge Fund Spinoff Modular Expands to Hong Kong

Millennium Management spinoff Modular Asset Management plans to expand to Hong Kong, the latest hedge fund arrival as the ...

13d

US condemns Hong Kong bounties, passport revocations for democrats

The U.S. State Department said that Hong Kong's offered bounties for six more pro-democracy campaigners who were deemed to ...

4d

Hong Kong’s Cabbies, Long Scorned and Frustrated, Face the End of an Era

A government push to modernize taxi services comes up against the habits of drivers known for driving fast and accepting only ...

1d

HSBC Analysts See 21% Upside for Hong Kong-Listed Chinese Stocks

HSBC Holdings Plc is turning bullish on Chinese stocks listed in Hong Kong, touting them as beneficiaries of more “favorable ...

Hong Kong police bust syndicate using AI deepfakes for romance crypto scams

Hong Kong police dismantle a syndicate using AI deepfakes of glamorous women to scam victims in romance and crypto fraud ...

3d

How to Watch Kei Nishikori vs. Alexandre Muller at the 2025 BANK OF CHINA HONG KONG TENNIS OPEN: Live Stream, TV Channel

In the BANK OF CHINA HONG KONG TENNIS OPEN final on Sunday, Kei Nishikori faces Alexandre Muller.In his last competition, ...

9h

Xi’s orders for Macau serve as reference for Hong Kong, Beijing official says

Xia Baolong also calls on Hong Kong and Macau to ‘best unleash the benefits’ of the ‘one country, two systems’ governing ...

BroadwayWorld14h

Hong Kong Philharmonic Reveals January 2025 Lineup

The Hong Kong Philharmonic Orchestra will perform a series of concerts in January 2025. Learn more about the full lineup of ...

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