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Tencent shares fall 8% in Hong Kong

Chinese toymaker taps ‘kidult’ craze as shares soar on Hong Kong debut

Shares in Bloks Group, a maker of Transformers and other toy figurines, as much as doubled on their Hong Kong debut on Friday, making a billionaire of their founder and underlining the surge in ‘kidult’ culture despite falling birth rates in the world’s second-largest economy.

CNBC on MSN · 3d

Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company

Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.

MarketWatch · 3d

Prosus Shares Fall After Tencent Labeled as Military in Nature by Pentagon

Shares of Prosus, Tencent's largest shareholder, fell after the Pentagon labeled the Chinese tech giant as military in nature. In early European trading, Prosus shares fell 1.75% to 35.0 euros. However,

Sunac China shares plunge

Hosted on MSN · 14h

Developer Sunac China gets liquidation petition, Hong Kong judiciary website shows

A liquidation petition has been filed against indebted property developer Sunac China, the Hong Kong judiciary's website showed late on Thursday. The petition has been filed by a unit of asset manager China Cinda Asset Management,

Bloomberg L.P. · 1d

Developer Sunac China Receives Liquidation Petition in Hong Kong

Defaulted builder Sunac China Holdings Ltd. has received a liquidation petition in Hong Kong, according to the city’s judiciary website.

The Financial Times on MSN · 6h

Chinese developer Sunac’s shares tumble 26% after liquidation petition

Shares in Chinese developer Sunac plummeted on Friday after the company revealed it was the subject of a petition in Hong Kong seeking to wind it up, the latest in a series of legal moves against heavily indebted mainland property groups.

China, Central Bank

The Wall Street Journal on MSN · 1d

China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan

The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.

Reuters on MSN · 4h

China's central bank halts bond buying as yuan struggles

China's central bank suspended treasury bond purchases on Friday, briefly lifting yields and spurring speculation it is stepping up defence of the yuan currency which has been sliding since the election of Donald Trump as U.

Bloomberg L.P. · 14h

PBOC Says It Will Temporarily Halt Buying of Government Bonds

China’s central bank said it will suspend buying government bonds, its latest attempt to temper investor bets on weak economic growth that have undermined the currency and sapped confidence among businesses and consumers.

22m

Hong Kong’s leader calls on entrepreneurs to seize opportunities over border

City leader John Lee tells Shenzhen summit that opportunities are waiting for companies willing to pursue innovation and ...

Christianity Today4h

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 ...

15h

China's Country Garden proposes deal to reduce offshore debt by $11.6 bln

Country Garden has proposed a deal to its offshore creditors that will cut its debt by $11.6 billion, paving the way for the ...

International Monetary Fund7h

People’s Republic of China—Hong Kong Special Administrative Region: Staff Concluding Statement of the 2024 Article IV Mission

Hong Kong SAR’s economy is on a path of gradual but uneven recovery after a protracted period of shocks. With continued economic slack and external and domestic headwinds, policies should be geared ...

1don MSN

Hong Kong Chinese stocks set to soar 21% in 2025, says HSBC

HSBC predicts a 21% rise in Hong Kong-listed Chinese stocks by 2025, driven by favourable policy shifts in mainland China.

HSBC Analysts See 21% Upside for Hong Kong-Listed Chinese Stocks

HSBC Holdings Plc is turning bullish on Chinese stocks listed in Hong Kong, touting them as beneficiaries of more “favorable ...

Hang Seng Index: Transforming Into A Medium-Term Bearish Trend Despite Improving Services PMI From China

Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Click ...

BroadwayWorld23h

Hong Kong Philharmonic Reveals January 2025 Lineup

The Hong Kong Philharmonic Orchestra will perform a series of concerts in January 2025. Learn more about the full lineup of ...

IMF Turns Less Upbeat on Hong Kong Growth With 2025 Forecast Cut

The International Monetary Fund lowered its forecast for Hong Kong’s economic growth this year and warned of the risks Asia’s ...

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