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Exclusive | China’s sovereign fund sidelines executives amid worries over US scrutiny

China’s flagship sovereign wealth fund has moved three of its managing directors to new, subordinate roles, sources told the Post,…

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New Business

Soho China tycoon Zhang Xin buys land in NYC’s tony Upper East Side for luxury condos

Zhang Xin, a Chinese property billionaire whose co-founded company Soho China was behind many projects that gave Beijing its futuristic…

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New Business

Blackstone hits US$10 billion goal on Asia buyout fund amid PE chill

Blackstone hit a US$10 billion target for its latest Asia buyout fund as investors bet an entrenched India presence and…

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New Business

NWD says it has not received proposal from Cheng family on capital injection

New World Development (NWD) shares dropped on Tuesday after the property developer said it has not received a proposal from…

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New Business

New World’s Cheng family weighs capital injection in Hong Kong developer, sources say

New World Development’s controlling shareholder, the billionaire Cheng family, is considering injecting capital into the debt-laden Hong Kong developer as…

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New Business

White House to discuss TikTok sale in meeting on Wednesday ahead of Saturday deadline

US President Donald Trump would consider on Wednesday a final proposal related to TikTok ahead of an April 5 deadline…

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New Business

Trump hints at a TikTok sale deal before April 5 deadline

US President Donald Trump said a deal with TikTok’s Chinese parent ByteDance to sell the short video app used by…

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New Business

80 global executives to gather in Beijing for key annual summit

A total of 80 top executives from global multinational companies are set to gather in Beijing to discuss a range…

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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…

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