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China Vanke's Hong Kong shares drop 8% after report of CEO detention
The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive. A Shenzhen government task force has stepped in to oversee operations at the state-backed developer,
China: Shares of Chinese developer Vanke plummet 7.8% after CEO reportedly detained
Shares of China’s second-largest property developer, Vanke, dropped 7.8 percent Friday amid uncertainty over the whereabouts of the company's CEO, Zhu Jiusheng. Jiusheng was reportedly detained Thursday night,
China developer Vanke’s fate in question as shares and bonds drop amid rumours
Shares in developer China Vanke fell and rumours swirled about its CEO’s whereabouts on Friday, as the company’s debts led analysts to discuss a government rescue of the country’s largest builder by revenue.
China Vanke CEO's reported detention deepens property sector concerns
The future of developer China Vanke and its $45 billion in debt were in focus on Friday after media reports alleged its CEO had been temporarily detained, deepening concerns about China's embattled property sector.
2d
China critic Jimmy Lai paid US general to advise on Taiwan, Hong Kong court hears
Hong Kong democrat Jimmy Lai on Thursday told a court trying him for colluding with foreign powers that he paid a former U.S.
6h
‘Hong Kong to welcome 1.45 million mainland tourists over Lunar New Year’
Travel Industry Council chairman says he expects 15 per cent rise from last year’s festive period thanks to mega-events, ...
Voice of America Editorials
1d
Reaffirming U.S. Solidarity With the People of Hong Kong
"Since June 2020, at least 200 opposition politicians, activists, and protesters have been taken into custody on politically ...
2d
on MSN
Former US Vice-President Mike Pence visits Hong Kong
Former U.S. Vice President Mike Pence is due to attend a high-profile business conference on Thursday where he is expected to ...
2d
Hong Kong Tycoon Raising $50 Million to Boost City’s Image
Hong Kong billionaire Michael Kadoorie has approached investors to raise at least $50 million (HK$389 million) to fund ...
2d
on MSN
Hong Kong Film Council Revamps Financing Scheme to Boost Local Productions
Hong Kong Film Council launches Film Production Financing Scheme 2.0 to boost local filmmaking and encourage investment.
13d
Hong Kong’s Cabbies, Long Scorned and Frustrated, Face the End of an Era
A government push to modernize taxi services comes up against the habits of drivers known for driving fast and accepting only ...
2d
These Are Hong Kong’s Best and Worst Outcomes Under Trump
This week, we ask China watchers what Trump’s presidency might mean for the city and the country overall, and check out the ...
3d
Hotel chain Miramar to build new Hong Kong property in $400 mln deal
Miramar Hotel and Investment is buying a unit of Henderson Land Development in Hong Kong for HK$3.12 billion ($400.75 million ...
Christianity Today
8d
In Hong Kong, One Pastor Ministers to a Gen Z Protester in Prison
Amid high rates of depression and anxiety among young people, Christian leaders boost efforts to address mental health ...
12h
Showcase of 52 French masterpieces in Hong Kong sign of ‘strong friendship’
Hong Kong Museum of Art launches exhibition featuring works by Impressionist Pierre-Auguste Renoir and Post-Impressionist ...
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