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New Business

Hong Kong’s shuttered Physical gym chain owner sells 4 flats at over 40% discount

An owner of Hong Kong gym chain Physical sold a number of residential assets at a huge loss after shuttering…

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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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New Business

Starbucks seeks ‘strategic partnership’ to find a perk in China amid brewing price war

The world’s largest coffee chain is seeking help in China to perk up its flatlining sales, as it finds its…

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Tech

US senator attacks Biden administration for failing to halt sales of advanced chips to China

US President Joe Biden’s administration came under fire on Capitol Hill on Thursday over reports that illicit networks are selling…

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New Business

Hong Kong developers keep pricing flats to move amid supply glut, high rates

Hong Kong developers continue to rely on attractive pricing as a strategy to clear their swollen stock as interest-rate cuts…

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