March

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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