Over a year after China opened its borders following the pandemic, international trips are still lagging, although domestic travel is more popular.
Category: Hong Kong
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Hong Kong Stocks Sink 4 Percent as China’s Economy Scares Investors
Pessimism among investors was most pronounced in Hong Kong, where stocks have plunged by nearly 10 percent so far this year.
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Hong Kong Stocks Plunge to Losses for 4th Straight Year
Investors worried about China’s economy shunned Hong Kong’s stock market, once one of the biggest and most important in the world.
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China Evergrande Soared on the Property Boom. Here’s Why It Crashed.
Blame for the property developer’s downfall has been placed on Chinese lending policies, but poor corporate oversight was hiding in plain sight.
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China Evergrande Gets Reprieve in Talks With Foreign Investors
A Hong Kong judge postponed deciding whether to force a liquidation of the property developer, which defaulted in 2021 on hundreds of billions of dollars in debt.
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China Evergrande May Finally Meet Its End in Hong Kong Court
A Hong Kong judge could set in motion the liquidation of the property developer, which was once considered one of China’s most successful companies.
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Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.
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Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.
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More Than 20 Report Burning Eyes After NFT Festival in Hong Kong
Bored Ape Yacht Club, the collective that hosted the three-day event, said it was investigating possible causes, including UV lights used at a party on Saturday night.
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Country Garden Says Executives Have Not Fled China
The company, one of China’s biggest property developers, took the unusual step of stating that the company’s founder and its chairwoman were “working normally.”
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The Places That Sam Bankman-Fried Left Behind
Before his FTX crypto exchange imploded and he went on trial for fraud, Mr. Bankman-Fried ran a global business empire spanning Berkeley, Calif., Hong Kong and the Bahamas.
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Art Auction in Hong Kong Draws Lower Bids Than Expected
A portrait by Amedeo Modigliani sold for less than expected and several artworks went unsold as China’s best-known art investor liquidated part of his collection.