Alibaba discloses state ownership amid SEC inquiry
Alibaba Group Holding Ltd. revealed a broader network of Chinese government stakes in its business units, in…
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Hong Kong
Asian stocks down, dollar up
Asian shares continued a global sell-off on Wednesday, while the dollar and Treasury yields rose as traders…
Oil prices decline as Israel says ‘concluded’ Gaza strikes
Oil prices in early Asian trade fell on Monday after Israel announced the conclusion of a series of strikes in…
H. Kong to raise protection on bank deposits to $102K
The Hong Kong Deposit Protection Board will raise the protection limit on bank deposit savings by 60 per cent to…
H. Kong retail sales rose 7.8% in Dec. ’23
Hong Kong’s retail sales surged by 7.8 per cent to record HK$36.3 billion ($4.64 billion) in December 2023…
H. Kong court orders Evergrande to liquidate
Chinese developer Evergrande has been ordered to liquidate by a Hong Kong court following a failed effort to…
Egypt, H. Kong to boost financial co-operation
Egypt and Hong Kong agreed to sign a double taxation prevention agreement this year, promote local currency bonds…
China’s Evergrande faces winding-up petition in H. Kong court
China Evergrande Group will appear once again in Hong Kong court on Monday in an attempt to avoid liquidation,…
China’s courts to rule on H. Kong commercial disputes
China’s courts will have the authority to enforce rulings in commercial disputes in Hong Kong under a new law,…
Egypt seeks Asian investment opportunities – minister
Egypt’s finance minister, Dr. Mohamed Maait, said at the Asian Financial Forum in Hong Kong that Egypt is keen to…
