uncertainty

New Business

Hong Kong banks face rising risks amid prolonged property slump, Moody’s warns

Hong Kong banks were likely to be more selective in extending credit to developers amid a prolonged property slump that…

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Tech

PDD’s stock sinks 25% after profit warning despite record revenue in June quarter

PDD Holdings’ stock plunged 25 per cent on Monday after it warned of uncertainty ahead and downward pressure on profits…

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