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New Business

Chow Tai Fook sells Australian energy assets to Singapore group for US$4.3 billion

Chow Tai Fook Enterprises (CTFE), the parent company of embattled Hong Kong developer New World Development (NWD), is selling Australian…

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New Business

Hong Kong developers Emperor and Lai Sun find relief amid debt pressures

Emperor International Holdings has secured bank approval to resume borrowing under existing terms by nearly two years, providing the embattled…

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New Business

New World Development offers US$1.9 billion debt swap to boost liquidity

Heavily indebted New World Development (NWD) has launched exchange offers for US$1.9 billion of its outstanding perpetual securities and notes…

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New Business

Hong Kong developer NWD denies rumours of scramble to manage debt, secure equity financing

New World Development (NWD) denied market speculation that it is conducting a liability-management exercise involving its perpetual bonds or other…

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New Business

Exclusive | Hong Kong seeks new partner to get 11 Skies back on track amid New World’s debt: sources

Airport Authority Hong Kong is in talks with New World Development (NWD) to get a massive commercial property project at…

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New Business

Opinion | No better time than a property slump to ‘future-proof’ urban Hong Kong

How do we “future-proof” Hong Kong’s built environment? For the design and construction industry in particular, this could be the…

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Tech

Opinion | Late to the game, Hong Kong’s big splash on tech must pay off

National industrial strategies, the subject of intense study and debates in the 1980s in the wake of the phenomenal success…

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