March

New Business

Hong Kong developer Grand Ming’s debt crisis deepens with US$611 million loan default

Hong Kong developer Grand Ming Group warned investors that it has yet to repay a HK$4.8 billion (US$611.4 million) loan,…

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New Business

Chinese graduates in UK face bleak prospects amid job crunch: ‘it’s devastating’

After fleeing China’s cutthroat graduate job market, Luo Ying hoped pursuing a master’s degree at a university in Cardiff would…

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New Business

Homebuyers flock to SHKP’s new batch of Sierra Sea flats on sale as demand remains strong

Demand for flats at Sierra Sea, a mega residential project of Sun Hung Kai Properties (SHKP) in the New Territories,…

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New Business

China’s new-home prices extend decline for 22nd month, but stimulus offers hope

China’s new-home prices fell for a 22nd straight month in March, but the declines continued to narrow as government support…

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New Business

China’s exports up 12.4% in March as sellers rush to beat US tariffs

Beijing’s massive export machine remained resilient in March as two earlier bouts of US tariff increases began to take effect,…

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New Business

China’s factory activity speeds up on export boost, Caixin PMI shows

China’s factory activity expanded at its fastest pace in four months in March, buoyed by stronger demand and robust export…

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New Business

‘Gloves off’ in US-China trade war with Trump’s surprise tariff spikes

New tariff increases from the United States on goods from several trading partners – including an additional 10 per cent…

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New Business

Indebted developer Sunac China faces liquidation threat in Hong Kong

A liquidation petition was filed against indebted developer Sunac China Holdings in Hong Kong amid its efforts to restructure its…

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Tech

Xiaomi’s first EV pulls in US$900 million in second quarter

Xiaomi delivered 27,307 SU7s in the three months through June, with the EV business generating a net loss of 1.8…

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New Business

Wharf REIC slips into losses as Hong Kong’s property rebound stalls, retail sales weaken

Wharf Real Estate Investment Company (REIC), one of Hong Kong’s biggest commercial landlords, slipped into a loss in the first…

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