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Hong Kong, China

Hosted on MSN · 20h

China Ramps Up Yuan Support With Record Hong Kong Bill Issuance

China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity.

malaymail · 8h

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

Chinese money rushes offshore via Hong Kong mutual funds

Chinese investors are buying up large amounts of Hong Kong mutual fund products that invest overseas, particularly in bonds, after authorities expanded a cross-border trading channel this month and opened an avenue to get better yields.

Wall Street Journal · 1d

China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan

The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.

Sunac China shares plunge

Hosted 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.

18h

China's Country Garden proposes deal to reduce offshore debt by $11.6 bln

Chinese property developer Country Garden on Thursday proposed a deal to restructure offshore debt worth $10.3 billion, ...

11h

Hong Kong’s US-dollar peg gets emphatic defence from HKMA CEO

Speculation about ending the peg reflects ‘misconceptions due to a lack of understanding’, says head of de facto central bank ...

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 ...

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 ...

2d

China HMPV Outbreak LIVE: India, Malaysia, Hong Kong Report Cases | Vantage with Palki Sharma

India, Malaysia, Hong Kong Report Cases | Vantage with Palki Sharma Five years after the world was ravaged by the pandemic, ...

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 ...

10h

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 ...

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