BlackRock

New Business

Exclusive | BlackRock sells Shanghai tower at 34% discount as it pulls back from China property

The world’s largest asset manager BlackRock is selling its last major asset in Shanghai for two-thirds of what it paid,…

Read More »
New Business

Hutchison’s HK$25 bonus is key to 15% vote by minorities to back US$23 billion BlackRock deal

CK Hutchison Holdings’ US$23 billion plan to sell its worldwide ports to BlackRock just needs the support from 15 per…

Read More »
New Business

China mathematicians crack century-old puzzle, BlackRock in spotlight: SCMP’s 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond…

Read More »
New Business

What’s behind the pro-Beijing camp’s criticism of the Panama ports deal?

Beijing’s public support for criticism of Hong Kong’s CK Hutchison Holdings’ decision to sell off its Panama port assets is…

Read More »
New Business

China’s fiery criticism of Panama port deal puts pressure on Li Ka-shing family

Sharp Chinese criticism of CK Hutchison Holdings’ sale of its port assets near the Panama Canal to a US-led consortium…

Read More »
New Business

Global funds exit China’s commercial properties with fourth year of net selling

Foreign investors were net sellers in China’s commercial real estate market for a fourth year in 2024, hastening their retreat…

Read More »
New Business

Trump is diving into crypto headfirst. Has China missed the boat?

During his first term in office, US President Donald Trump decried the utility of bitcoin and other cryptocurrencies, saying their…

Read More »
New Business

CK Hutchison’s surprise sale of global ports sends stock surging amid unfolding trade war

The company announced overnight that it would sell 80 per cent of Hutchison Port Group which owns 43 container ports…

Read More »
New Business

China’s office property market outlook bleak as foreign firms leave in droves

Downward pressure on China’s office property market is likely to persist this year, while an exodus of foreign companies due…

Read More »
New Business

TikTok to shut down US operations on Sunday, barring a last-minute reprieve, sources say

TikTok plans to shut US operations of its social media app used by 170 million Americans on Sunday, when a…

Read More »
Back to top button