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Citigroup, BofA join Wall Street lenders in leaving global climate-banking alliance

Citigroup and Bank of America (BofA) said they are leaving a global climate-banking group, becoming the latest Wall Street lenders…

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New Business

Chinese toymaker Pop Mart’s 370% surge fuelled by blind box collectibles

In a Vanity Fair video last month, Lisa, a member of mega K-pop band Blackpink, shared her obsession with toys…

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New Business

Vice-premier urges more US investment in talks with Goldman Sachs president

Chinese Vice-Premier He Lifeng has been urging more investment from the United States to promote a healthy US-China relationship in…

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New Business

Exclusive | Citigroup CEO Jane Fraser on Hong Kong’s enduring charm and strategic role

Citigroup’s global CEO Jane Fraser has a special place in her heart for Hong Kong. While her personal connection to…

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New Business

In Hong Kong vs Trump 2.0, global CEOs see new hopes, old threats

China envisions Hong Kong’s capital markets as a beacon of prosperity, having lifted the city out of social chaos in…

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New Business

CLP to tap more nuclear power to meet Hong Kong’s climate goals amid profit growth

CLP Holdings, which runs the larger of Hong Kong’s two power utilities, said it will put more emphasis on nuclear…

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New Business

Shenzhen government to raise US$964 million with ‘dim sum’ bond issue in Hong Kong

The Shenzhen government will issue up to 7 billion yuan (US$964.4 million) worth of so-called dim sum bonds – yuan-­denominated…

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New Business

What do investment banks think of the Chinese Communist Party’s long-overdue third plenum?

One bright spot of the plenum was the government’s specific reference to China’s 2024 economic growth target, pegged at about…

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