Sunac China’s shares rose after it reached a deal to restructure around $2 billion in onshore debt, becoming the first Chinese property developer to do so as the country’s real-estate crisis drags on.
SHANGHAI -- Chinese stocks fell on Wednesday morning after U.S. President Donald Trump said he is considering imposing a 10% tariff on goods imported from China on Feb. 1.
Hong Kong should offer tax benefits to cross-border e-commerce platforms and look at reviewing the civil service as ways to boost the economy.
After numerous measures to resolve a liquidity crisis in the property market in recent years, Beijing is expected to end up dusting off an old playbook and step in directly to stabilise a state-backed developer seen as a bellwether for the sector.
Yesterday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following President Trump and President Xi’s Friday phone call that took place after Asia markets closed and before the US markets opened.
Hong Kong tried on Tuesday (Jan 21) to reset its relationship with new US President Donald Trump but sent mixed messages by also condemning "malicious" comments by his former deputy about jailed med
Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared.
The Chinese Embassy in the UK said it is despicable for the UK to shelter criminals in response to UK foreign officials' meeting with four anti-China individuals seeking to destabilize Hong Kong who are wanted by the Hong Kong police.
The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive.A Shenzhen government task force has stepped in to oversee operations at the state-backed developer,
MOST Asian markets extended a global rally on Wednesday as investors gave a cautious welcome to Donald Trump’s first full day in office amid hopes he will take a more cautious approach on trade than initially feared.
China and Hong Kong stocks fell on Wednesday after U.S. President Trump hinted at new tariffs on Chinese imports. The blue-chip CSEI 300 Index dropped 1.1%, and the Shanghai Composite Index decreased by 0.
HONG KONG -- The Hong Kong Special Administrative Region (HKSAR) is poised to welcome more than 1.4 million Chinese mainland tourists over the upcoming eight-day Chinese New Year holiday, HKSAR Chief Executive John Lee said on Tuesday.