Evergrande restructuring hangs in the balance as founder’s fate remains unclear
29th September 2023 - (Hong Kong) The troubled debt restructuring plan for China Evergrande Group hangs in the balance following founder Hui Ka-yan's detention by Chinese...
Hong Kong Monetary Authority warns public about Perfect Money’s unauthorised banking...
29th September 2023 - (Hong Kong) The Hong Kong Monetary Authority (HKMA) has issued a warning to the public in Hong Kong regarding Perfect Money, a...
HKMA releases spatial datasets on bank branches and ATMs for public...
29th September 2023 - (Hong Kong) The Hong Kong Monetary Authority (HKMA) has announced the release of two additional spatial datasets via Open Application Programming Interface...
Government reports cumulative deficit of HK$136.2 billion for five months ended...
29th September 2023 - (Hong Kong) The government has announced its financial results for the five-month period ending on 31st August, 2023.
During...
Nike reports fiscal 2024 first quarter results
29th September 2023 - (San Francisco) Nike, Inc. released its financial results for the first quarter of fiscal year 2024, covering the period ending 31st August,...
Hong Kong Stock Exchange recognises Saudi Exchange, strengthening financial ties
29th September 2023 - (Hong Kong) The Hong Kong Exchanges and Clearing Limited (HKEX) announced on Thursday that it has officially recognized the Saudi Exchange as...
China Evergrande’s trading suspended as Chairman faces suspicions of “illegal crimes”
28th September 2023 - (Beijing) China Evergrande, the heavily indebted property giant, announced on Thursday that its chairman, Xu Jiayin, is suspected of "illegal crimes" after...
Dalian Wanda Group seeks proposal to avoid repayment if shopping mall...
28th September 2023 - (Beijing) According to Bloomberg News, Dalian Wanda Group, a prominent Chinese conglomerate, has initiated negotiations regarding a proposal that could exempt the...
Neusoft Xikang faces significant drop in share price during Hong Kong...
28th September 2023 - (Hong Kong) Shares of Neusoft Xikang, a Chinese hospital cloud software firm, experienced a sharp decline of nearly 35 percent during its...
Trina Solar plans third factory in Vietnam to boost U.S. exports
27th September 2023 - (Hanoi) Chinese solar panel manufacturer Trina Solar is reportedly preparing to construct its third factory in Vietnam, according to sources familiar with...
Dollar holds near 10-month high as Treasury yields rise, Yen nears...
27th September 2023 - (New York) The dollar remained close to a 10-month high against major currencies on Wednesday, buoyed by elevated Treasury yields and the...
Gold prices decline as strengthening U.S. dollar and rising treasury yields...
26th September 2023 - (Hong Kong) Gold futures on the COMEX division of the New York Mercantile Exchange experienced a decline on Monday, primarily driven by...