Hints and tips:
...Washington has given Nvidia and other chip companies a grace period of about one month to fulfil orders to China....
...ByteDance has numerous small teams working on various generative AI products, including an AI chatbot codenamed Grace, which is currently undergoing internal testing, according to two people close to the...
...Country Garden is planning to request a grace period for a renminbi bond maturing next week, in the latest sign of distress at one of China’s largest private property developers....
...March 29 to 31; further information and tickets here Events and festivals Dior Pre-Fall Collection Show Kim Jones’s pre-fall menswear designs are set to grace Hong Kong in March. March 23....
...Institutional shareholders including the Hong Kong Monetary Authority, Kuwait Investment Authority and Singapore’s GIC are also planning to sell down their stakes in the business....
...Tam, chief investment adviser for Hong Kong at BNP Paribas Wealth Management....
...Additional contributions from Grace Ramos and Gordon Smith...
...Country Garden, China’s biggest private developer, missed a payment on the bond in September and subsequently failed to transfer the funds over a 30-day grace period....
...The cash-strapped developer narrowly avoided a technical default last month by paying two dollar bonds within their grace period....
...Mackenzie, a Scottish chartered accountant based in the low-tax offshore centre of Jersey, hosts friends and family on a 52-metre luxury superyacht, Grace, according to multiple people with knowledge of...
...Country Garden’s Hong Kong-listed stock pulled back from a drop of almost 5 per cent to be down just 3 per cent in late-morning trading after Chinese news organisation The Paper reported the company had...
...News of the grace period request, which was first reported by Bloomberg, pushed shares in Country Garden up about 9 per cent in afternoon trading in Hong Kong, but the company’s stock is still down about...
...It said on Tuesday that it expected not to make payments “within relevant grace periods”, one of which expires next week....
...The grace period for the dollar bond payments it missed a month ago is set to expire on Wednesday....
...Chinese property developer Country Garden made payments on two dollar bonds within their grace periods on Tuesday, ending a month-long saga that had become the focal point of global investors’ concerns about...
...Those stocks had also recently resumed trading in Hong Kong after long suspensions....
...News of Zhang’s departure sent Alibaba’s shares down 2.7 per cent in Hong Kong on Monday....
...Evergrande faces a liquidation hearing in a Hong Kong court on October 30....
...On Tuesday, the developer asked Chinese creditors for a 40-day grace period on a renminbi bond maturing next week....
...Back in 2017, Alibaba co-founder Jack Ma predicted that in 30 years, an AI chief executive could grace the cover of Time....
...Hong Kong-listed subsidiaries....
...The bonds have 30-day grace periods....
...Powerlong and KWG have both defaulted having agreed term extensions last year, while China South City has asked for grace three times since its 2022 restructuring. What could go right?...
...Additional contributions from Grace Ramos, Gordon Smith and George Russell...
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