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Hong Kong Perpetual Bonds Slump in Sign of China Property Contagion

(Bloomberg) -- Perpetual dollar bonds sold by several Hong Kong-based companies have recently suffered their largest weekly declines in years, a sign of contagion from China’s property sector woes.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapModi and Xi Speak at...
Hong Kong Bloomberg Businessweek Adrian Cheng Alice Huang Owen Gallimore Adrian Sim
Source: yahoo.com

Hong Kong Tycoons to Sell $8.4 Billion in Assets to Cut Debt

(Bloomberg) -- Swire Pacific Ltd. has become the second notable Hong Kong company to announce plans to offload assets in as many days as part of efforts to reduce debt in the face of rising borrowing costs.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Pr...
United States Republic Of Hong Kong United Kingdom Simon Cheung Willer Chen
Source: yahoo.com

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Traders Scooped Up NWS Shares Before Chow Tai Fook Buyout Offer

(Bloomberg) -- Chow Tai Fook Enterprises Ltd.’s $4.5 billion offer to buy NWS Holdings Ltd. only became public early Tuesday, but stock prices were jumping days earlier. Most Read from BloombergPutin Blasts Wagner ‘Traitors’ After Prigozhin Denies Coup PlotThe 10 Worst US Airports for Flight Disruptions This SummerStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Putin Faces Historic Threat to Absolute Grip on Power in RussiaRussia Latest: ...
Hong Kong A Hong Kong Kiuyan Wong Chow Tai Fook Bloomberg Businessweek World Development
Source: yahoo.com

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