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Showing results for Chieng Hsing HK Co., Ltd
...Poly Auction’s total was boosted by its top lot, Yayoi Kusama’s acrylic “Red Pumpkin” (1989), which sold for HK$18mn with fees, far above its HK$7.5mn-HK$8.5mn estimate....
...He added that he had just made a small winning on a bet of about HK$5,000 (US$640)....
...Aguzin will be replaced by Bonnie Chan, HKEX’s co-chief operating officer, on Friday, months ahead of the scheduled end of his three-year term....
...The petition, filed by a company called Ever Credit at Hong Kong’s High Court, cited non-payment of a HK$1.6bn (US$204mn) loan facility plus accrued interest, Country Garden disclosed on Wednesday in an...
...Last month, Michael Zhang, an analyst at Citigroup, cut the bank’s price target for HKEX shares by more than 10 per cent to HK$240....
...New World’s stock price closed at HK$25.95 ($3.31) on Friday, down more than 14 per cent since the start of the year, a fall that is broadly in line with the drop in the Hang Seng Properties index....
...Stars”, HK$36.8mn, £3.9mn)....
...Top Shine’s winding-up lawsuit, initially brought in mid-2022 but repeatedly delayed, accuses Evergrande of failing to honour claims of HK$863mn (US$110mn) in relation to stakes Top Shine bought in the Evergrande...
...As co-COO, her responsibilities include strategy and “mainland development”....
...The company, which has about $200bn in liabilities and close to $10bn in dollar-denominated debt, said in a statement to the Hong Kong stock exchange that it had missed a due payment of HK$470mn ($60mn)...
...The shares hit a historic low on Friday at HK$0.98, down 64 per cent this year....
Response to Odey complaint comes after Russian group’s second-biggest investor drops opposition to split
...The developer also announced plans on Wednesday to issue HK$270mn ($34mn) of new shares in Hong Kong at a 15 per cent discount to its closing price on Tuesday, with all money raised to be earmarked for repayment...
...This along with effect of cross-default provision could result in repayment acceleration on US$10.8 billion of outstanding bonds denominated in US and HK dollars. 2) Under the worst-case scenario, the company...
...“[Beijing is] basically telling them: We need your co-operation, we need your help. But you must work with us on our policy priorities,” said Burns....
...Morgan Stanley has hired senior JPMorgan dealmaker Thomas Christl to co-head its consumer and retail coverage in Europe, per Financial News....
...to HK$107bn....
...At the midpoint of its targeted range of HK$47.10 to HK$52.70, Onewo would raise about $750mn, valuing the company at about $7.5bn....
...Onewo, a subsidiary of Vanke, said it would raise up to HK$6.2bn ($784mn) from an initial public offering of about 117mn shares priced at a range of HK$47.10 to HK$52.70 each, according to a filing with...
...Net profit for the bank’s Chinese arm collapsed 99 per cent in the first half of the year to just HK$2mn....
...The share price decline wiped about HK$13bn (US$1.7bn) from the group’s market capitalisation in morning trading....
...“It definitely was a wake-up call,” says HK Park, managing director of Crumpton Global and a former Pentagon official....
...BYD’s shares had touched a record high of HK$333 ($42) in late June on the back of rapid growth in electric vehicle sales and Beijing’s support for an industry it hopes can stimulate the economy and help...
...During that period, revenue from mainland China rose 82 per cent to HK$38bn. Its shares have risen almost 150 per cent since January 2019, before the pandemic hit, to HK$13.30 on Wednesday....
...In November the company’s joint sale with the Chinese government-owned Poly Auction pulled in HK$670m (US$86m)....
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