Posts filtered by tags: Hong-kong[x]


Hong Kong: A Guide To Dispute Resolution Clauses – Hong Kong Overview - Gall

"Where should the dispute be determined?" – this is a question which has a significant impact on each and every step in resolving a dispute but is often overlooked.
Tags: Hong Kong, News, Hong Kong Overview Gall

Global stocks fall as worries over an Evergrande collapse resurface, while bitcoin loses grip of its all-time high

AP Photo/Richard Drew Global stocks fell Thursday on revived jitters about Evergrande after a $2.6 billion stake sale fell through. The Chinese property giant's Hong Kong shares plunged as the end of a grace period for an offshore interest payment nears. Bitcoin dropped from its latest all-time high near $67,000 to around $65,100. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Global stocks slipped Thursday, as revived worries about a default by Chinese pro...
Tags: Hong Kong, Europe, London, China, US, Trends, Tesla, Opec, Frankfurt, Tokyo, West Texas Intermediate, Federal Reserve, Dow Jones, Shanghai Composite, Jpmorgan, US Energy Information Administration

China's Evergrande plunges as much as 14% after $2.6 billion sale falls through, as trading resumes in Hong Kong

Evergrande is a huge Chinese property developer that's on the brink of default. NOEL CELIS/AFP via Getty Images Evergrande stock plunged as much as 14% Thursday as trading resumed in Hong Kong, after a two-week suspension. The Chinese property giant said a $2.6 billion deal to offload some assets had fallen through and home sales had plunged. S&P Global Ratings said Evergrande is on the brink of default, raising fears about contagion across the property sector and Chinese economy. Shar...
Tags: Hong Kong, China, Trends, Beijing, Group, Afp, Fantasia, BCA, Evergrande, Hopson, Matthew Chow, Harry Robertson, China Evergrande, Getty Images Evergrande, Hopson Development, Sinic

Hong Kong: Incentives In Hong Kong Provides A Compelling Reason To Redomicile Funds Onshore - Winston & Strawn LLP

As the largest fund management hubs in Asia, Hong Kong has taken steps to reform the investment funds regime by introducing new structures and incentive schemes...
Tags: Hong Kong, News, Asia Hong Kong, Strawn LLP

It's not just Facebook - China's big tech firms like Alibaba and Tencent are also piling into the metaverse

Booth at a tech conference in China. VCG/Getty Images "Metaverse" has become a buzzword with Facebook reportedly planning a name change to reflect its focus on the concept. Chinese tech giants are also eyeing the metaverse. Tencent, ByteDance, and Alibaba are reportedly taking steps to enter the space. Social media giant Facebook has thrust the metaverse into the limelight, reportedly going as far as planning to change its name to reflect its focus on the concept.The tech buzzword refers t...
Tags: Facebook, Hong Kong, Microsoft, China, Trends, Alibaba, Tencent, Silicon Valley, Cnbc, Scmp, Afp, Bloomberg Intelligence, South China Morning Post, Kuaishou, Bytedance, Facebook China

Hong Kong Ditches Local Licensing Exam to Tackle Doctor Shortage

HONG KONG (Reuters) - Hong Kong's legislature on Thursday passed a law that allows overseas-trained doctors to practise in the Chinese-ruled city...
Tags: Hong Kong

China Evergrande shares fall sharply after $2.6bn asset sale collapses

‘No guarantee’ Chinese property giant can meet its $305bn debts, starting with a deadline on Monday that could trigger defaultShares in the struggling property giant China Evergrande have fallen sharply after plans to offload a stake in one of its units for $2.6bn fell through, casting further doubt over whether it can avert the country’s biggest ever corporate failure.China Evergrande Group, the parent company for the sprawling empire built by former steel industry executive Xu Jiayin, was down...
Tags: Hong Kong, Business, China, Asia Pacific, Chinese Economy, Evergrande, Xu Jiayin, China Evergrande, China Evergrande Group, Evergrande Property Services

Evergrande shares fall 14% as trading resumes in Hong Kong

Shares of the Chinese property giant fell as much as 14% on Thursday morning in Hong Kong.
Tags: Hong Kong, Business

China Evergrande shares plunge as much as 14% in resumed trade after $2.6 billion deal collapses

Evergrande housing complex. STR/ Getty images Shares of China Evergrande have plunged as much as 14% after its deal to sell a $2.6 billion stake in a key unit fell through. Evergrande shares were suspended for more than two weeks before trade resumed on Thursday. Once China's top-selling developer, Evergrande is now reeling under more than $300 billion of debt. Shares of China Evergrande Group slid as much as 14% on Thursday after a deal to sell a $2.6 billion stake in its property ser...
Tags: Hong Kong, China, Trends, Reuters, Evergrande, Hopson, China Evergrande, Clare Jim, Shares of China Evergrande Group, Evergrande Property Services Group Ltd, Hopson Development Holdings Ltd, Shares of Hopson, Once China, Thursday Modern Land China Co Ltd

Evergrande shares fall 14% as trading resumes in Hong Kong

Shares of the Chinese property giant fell as much as 14% on Thursday morning in Hong Kong.
Tags: Hong Kong, News

Evergrande shares fall 10% as trading resumes in Hong Kong

Shares of the Chinese property giant fell as much as 14% on Thursday morning in Hong Kong.
Tags: Hong Kong, News

For Sleepy Hong Kong Residents, 5-Hour Bus Tour Is a Snooze

Travel-starved, sleep-deprived residents might find a new Hong Kong bus tour to be a snooze.
Tags: Hong Kong

Roy Horan, Star of ‘Game of Death II’ and Father of Actor Celina Jade, Dead at 71

Roy Horan III, the U.S.-born actor and film executive whose martial arts career flourished in Hong Kong’s Golden Era, has died. The father of Hong Kong-based actor Celina Jade, Horan was 71. Horan (also known as “Sandy” and sometimes credited as Roy Haron) died on Oct. 12 after hiking and meditating in the hills near […]
Tags: Asia, Hong Kong, News, Global, Obituaries, People News, Bruce Lee, Sandy, Horan, Celina Jade, Roy Horan, Seasonal Film, Roy Horan Star, Celina Jade Dead, Roy Horan III, Celina Jade Horan

Evergrande has abandoned plans to sell a $2.6 billion stake in one of its key units, even as Chinese officials seek to calm nerves about the company's debt crisis

Evergrande headquarters in Shenzhen, southeastern China. Noel Celis/AFP/Getty Images Embattled Chinese property giant China Evergrande formally abandoned plans to sell a $2.6 billion stake in one of its key units. The news comes as Chinese officials have been trying to soothe fears over Evergrande's debt crisis. Once China's top-selling developer, the company is now reeling under more than $300 billion of debt. Teetering Chinese property giant China Evergrande formally abandoned pl...
Tags: Hong Kong, Real Estate, News, China, Trends, Debt, Beijing, People's Bank Of China, Shenzhen, Guangdong, Reuters, Pboc, Xinhua, Nomura, People s Bank of China PBOC, Yi

Hong Kong: Key Legal Considerations For Hong Kong's Booming Mini-storage Business - Mayer Brown

With Hong Kong's dense population, dwindling living space, soaring residential and office costs and the expansion of online retailing, demand for mini-storage facilities is poised to increase drastically.
Tags: Hong Kong, News, Mayer Brown

China to Protect Legal Rights of Evergrande Creditors -Central Bank Head

HONG KONG (Reuters) - China will fully respect and protect the legal rights of Evergrande Group's creditors and asset owners in line with repayment...
Tags: Hong Kong, China, Reuters China, Evergrande Group

US stocks tread water as earnings optimism offsets concern over inflation, while bitcoin nears all-time highs after ETF launch

Brendan McDermid/Reuters US stocks futures were flat Wednesday, capping five straight days of gains on earnings optimism. Japan's trade balance weakened to its slowest in seven months, fanning inflationary fears. Bitcoin traded near its all-time high of $64,895 after the first futures-based ETF made its trading debut. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stock futures were roughly flat on Wednesday, but held near record highs on Wednesday, after...
Tags: Asia, Hong Kong, Europe, Japan, UK, London, China, US, Trends, Bank Of America, Frankfurt, Ubs, Deutsche Bank, Tokyo, ETF, OANDA

Alibaba's Jack Ma is on his first overseas trip a year after Beijing's started cracking down on his empire, according to reports

ChinaFotoPress / Getty Images Alibaba founder Jack Ma has traveled out of China for the first time in a year, according to Hong Kong media. Ma is reportedly in Spain where he will embark on a study tour on agriculture and technology related to environmental issues. Ma's tech empire has come under intense scrutiny since he criticized the Chinese regulatory system last October. Alibaba Group Holding founder Jack Ma has made his first trip out of China in over a year, according to severa...
Tags: Hong Kong, Europe, Technology, China, Trends, Tech, Wealth, Spain, Beijing, Alibaba, Jack Ma, Billionaire, Scmp, Reuters, Ma, South China Morning Post

Bitcoin Sits Below All-Time High After U.S. ETF Debut

HONG KONG (Reuters) - Bitcoin hovered below record levels on Wednesday, the day after the first U.S. bitcoin futures-based exchange-traded fund (...
Tags: Hong Kong, Reuters Bitcoin

Huang Xiangmo: alleged agent of Chinese influence exiled from Australia now on Hong Kong electoral body

Pro-Beijing billionaire property developer vows loyal ‘patriots’ will run the cityGet our free news app; get our morning email briefingHuang Xiangmo, the billionaire property developer exiled from Australia as an alleged agent of Chinese influence, has been elected unopposed to a powerful Hong Kong electoral body on an avowedly pro-Beijing platform, promising loyal “patriots” would govern Hong Kong and quoting a key Communist party official and ally to president Xi Jinping.Huang, whose $140m dis...
Tags: Hong Kong, Australia, Australia news, Beijing, Australian politics, Australian Political Donations, Huang Xiangmo, Xi Jinping Huang

Mini Bubble Waffle Maker

Bubble waffles (a.k.a., egg waffles) were first made by street vendors in Hong Kong in the 1950s. Fast-forward to today, and those fluffy-yet-crispy treats have become social media darlings. Use this iron to make the delightfully bulbous delicacy right in your own home, and remember that they aren?t just for breakfast. Serve with ice cream, fruit, or any sweet topping for a decadent dessert?and don?t forget to take a picture. Made in China.
Tags: Hong Kong, Shopping

Airlines around the world are resuming flights with the world's largest passenger jet after dumping it during the pandemic

An Emirates Airbus A380. Arnold Aaron/ The Airbus A380 is making a comeback as more pandemic-era travel restrictions are lifted. British Airways, Singapore Airlines, and Qatar Airways say they will fly their A380s before the end of the year. Other airlines have permanently said goodbye to their A380s in favor of more economical planes. The world's largest passenger plane is making its comeback as airlines around the world are moving quickly to once again shuttle trav...
Tags: Hong Kong, Europe, Japan, London, China, Singapore, US, Los Angeles, Trends, Canada, United States, Washington Dc, Paris, Middle East, Kuala Lumpur, Korea

Key Evergrande Deal to Sell Stake in Unit Put on Hold - Sources

HONG KONG (Reuters) - China Evergrande Group's deal to sell a 51% stake in its property services unit has been put on hold, two people with...
Tags: Hong Kong, Reuters China Evergrande Group

Evergrande's Hong Kong unit has paid a $19 million onshore bond coupon due today, prioritizing the domestic market

The logo of Evergrande Real Estate on a crane in Hangzhou, east China's Zhejiang Province Long Wei/Costfoto/Barcroft Media via Getty Images China Evergrande's main Hong Kong unit paid a $19 million onshore bond coupon due Tuesday, Reuters reported. This comes as Beijing seeks to calm investor fears over the fallout from a looming debt crisis. Evergrande has already missed a series of US dollar bond coupon payments. Hengda Real Estate Group, the flagship Hong Kong unit of beleaguere...
Tags: Hong Kong, China, US, Trends, Beijing, Group, Reuters, Evergrande, Evergrande Group, China Evergrande, Yi Gang, Costfoto Barcroft Media, Evergrande Real Estate, Hangzhou east China, Zhejiang Province Long Wei, Huileng Tan

US futures get a lift from robust earnings, despite inflation and Evergrande fears

Traders have been cheered by earnings but are still concerned about inflation. Brendan McDermid/Reuters US futures edged higher on Tuesday after the benchmark indices climbed the previous day. A strong earnings season so far has offset fears about inflation, central banks, and Evergrande. The crypto world was excited as the first bitcoin futures exchange-traded fund was due to launch. US futures edged upwards on Monday as investors weighed strong company earnings against worries about risi...
Tags: Hong Kong, China, US, Trends, Bank Of England, Netflix, Bitcoin, Barclays, Ubs, Treasury, Tokyo, US Treasury, Dow Jones, Johnson Johnson, Brendan McDermid Reuters, Andrew Bailey

Demand for land in China is slumping as the Evergrande crisis unfolds, and local governments have withdrawn more than 200 plots of land from auction in the past month

Evergrande is China's second-biggest property developer. Noel Celis/Getty Images Local governments in China have withdrawn 206 plots of land from auctions since September. Demand among property developers for land has fallen due to tightening bank credit due to the Evergrande crisis. Home sales by value have dropped about 17% on-year in September. The Evergrande debt crisis has hit land sales in China, prompting local governments to withdraw land from auctions in major cities.Since Sep...
Tags: Hong Kong, China, Trends, Bloomberg, Beijing, Shanghai, South China Morning Post, Moody s Investor Service, Evergrande, Cheryl Teh, Noel Celis Getty, Huileng Tan

Chinese Property Bonds Firm After Kaisa and Sunac Make Coupon Payments

HONG KONG (Reuters) - Chinese property bonds remained firm on Tuesday after two major developers made coupon payments, though the market remained...
Tags: Hong Kong, Reuters, Kaisa

Hong Kong Leader in Hospital With Minor Elbow Fracture

HONG KONG (Reuters) - Hong Kong leader Carrie Lam fractured her right elbow after a fall at the official chief executive residence during the night...
Tags: Hong Kong, Carrie Lam, HONG KONG Reuters

Court Rulings Free Hong Kong Police to Probe Older Offences Under Security Law

(Removes repeated words from quote)By Greg TorodeHONG KONG (Reuters) - Recent court judgements have freed Hong Kong authorities to use national...
Tags: Hong Kong, Reuters Recent, Greg TorodeHONG, Court Rulings Free Hong Kong Police

The 20 Best Assassins In Film Ranked

The hitman might be one of the most purely cinematic professions -- the silent, emotionless hired gun without any affiliation or loyalty. They've taken on an almost mythic status that feels completely at odds to the reality. Some are portrayed as sociopaths, some as slick, cool secret agent types. As it is, the numerous cinematic portrayals on film often makes them the most intriguing part of their films.There are so many depictions of assassins, hitmen, and mercenaries in cinema that it's impos...
Tags: Hong Kong, Japan, Movies, Geena Davis, Jack Nicholson, France, Spain, Fbi, Fox, Paris, Paraguay, Claude, Uma Thurman, Davis, Brian Cox, Marlon Brando