China Tourism Group Duty Free Corp aims to raise up to $2.16 billion in a listing due to launch on August 25. It will be the biggest listing in Hong Kong this year.
Developing countries should think twice before taking loans via China's Belt and Road scheme given global inflation, slowing growth and the crisis in Sri Lanka, Dhaka minister says
Companies in India use the UAE dirham, the HK dollar, yuan or euro when buying Russian coal, in a bid to avoid the dollar and US sanctions, according to customs data and industry sources
Less harsh lockdowns seem to be the preferred strategy in many areas - that reducing 'unnecessary' movement for a few days is the best way to halt an outbreak and not kill the economy
Beike Research Institute has apologized and withdrawn a recent report that warned of an oversupply in China's property market and high rates of unoccupied homes in major cities.
Shares of Longfor bounced back by 11% in early trading in Hong Kong on Thursday on news it had settled its commercial dues without deferring payment
Investors say more US-listed China firms will follow Alibaba's plan to launch primary listings in Hong Kong.
Rare earth mines surged from a small number to "more than 2,700 mining collection pools at almost 300 separate locations over an area the size of Singapore," Global Witness reported.
The central bank raised its benchmark rate 25 basis points to 0.75% to fight surging inflation as increased tourism boosts growth.
Covid lockdowns in China and soft demand hit the computer giant, which reported flat revenue for the June quarter – its worst result in nine quarters.
Elon Musk has confirmed selling $6.9 billion worth of shares in his car company, saying he is covering the risk that a US court forces him to takeover the social media platform.
China's real estate crisis has hit property service management companies, with many caught up in their parents' debt woes. This has slashed the value of the sector's shares.