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Shuli RenBloomberg |
China’s first-quarter 5.3% growth handily beat expectations and Beijing’s own target of “around 5%.” But if you ask households, companies and...
Is China Vanke Co. the last one standing as the nation’s unprecedented property downturn and developer defaults enter a third year? In a Sunday...
Powered by social media, young people in China are traveling to the far corners of the country, places that those a decade or two older had missed. ...
Do people see residential property as a utility or an investment? Hong Kong’s property tycoons are racing to find out. Consider Uptown East in...
In the last two years, private credit has blossomed, along with the Federal Reserve’s rate hikes and banks’ retreat from risky lending. But as...
Cathie Wood seems to have the worst timing on artificial intelligence stocks. She offloaded Nvidia Corp.’s shares in early 2023, failing to grasp...
Just as private credit is becoming an asset class of its own and private equity houses are finding a new revenue stream away from their...
A third year into a property downturn, China is still seeking market-oriented solutions. Insolvent developers must be prepared for bankruptcy, the...
A curious thing is happening in China’s 29 trillion yuan ($4 trillion) government bond market. The yield differential between 30- and 10-year bonds...
China has decided on ambitious economic targets for 2024. The big question now is how it will reach those goals. The “around 5%” growth target...
Hong Kong is branding itself as a global wealth-management hub. The government doesn’t levy any capital gain. It’s offering generous tax breaks to...
As fiscal income from land sales evaporates, Hong Kong is removing all of its onerous property cooling measures that have been in place for over a...
Yu Lei, an asset manager whose sprawling connections in China facilitated billions of dollars in bond sales and earned him a “bond prince”...
China is tightening the grip over quantitative trading after experiencing its own version of a “quant quake,” a reference to the summer of 2007...
How do you describe a wealthy city long overdue for a big win and some good cheer? Gullible? Argentinian soccer player Lionel Messi got a...
Once bitten, twice shy. You would imagine dollar bond investors have gotten wiser after China Evergrande Group’s spectacular default. By the time a...
Unlike Donald Trump, who slavishly sought validation from the S&P 500, China’s President Xi Jinping seems impervious to the ups and downs of...
China is experiencing the most stubborn economic downturn in decades. The housing sector is in its third year of a slump. The stock market is testing...
A macro hedge fund’s closure has sent shockwaves across Asia’s asset-management world. Singapore-based Asia Genesis Asset Management Pte is...
A year ago, Hong Kong’s finance industry was hoping that a China reopening would unleash pent-up consumer demand and bring deals and prosperity to...
The headlines out of China’s $9 trillion stock market are chilling. In the first three weeks of January, the MSCI China Index has already lost 9.7%,...
Two major events are shaking up the asset-management world. Blackstone Inc. raised $1.3 billion for its first retail private equity fund, targeting...
With HK$670 billion ($86 billion) in fiscal reserves and little debt, the Hong Kong government seems to be in an enviable spot. But as land sales...
The Federal Reserve’s rapid interest-rate hikes in 2023 and tough regulations on banks have put private credit on the roadmap to becoming an asset...
Just when people started to give up on Hong Kong’s relevance as a financial hub, a new breed of money seekers is coming to town. Local...
Hong Kong is starting to come to terms with its beloved stock market’s miserable decline, and that it may not be bottoming out any time soon. An...
Even some of the emerging markets’ biggest fans are losing heart. As their dismal performance enters a second decade, and the S&P 500 reaches new...
Hong Kong dazzles with its soaring skyscrapers and swanky shopping malls, and the city has its bankers to thank. Over the years, landlords routinely...
Taking matters into their own hands, Chinese entrepreneurs are tapping overseas markets more than they ever did in the past. They are keen to draw in...
November is the perfect season for Shanghai hairy crabs, prized for their creamy roes. Traditionally grown in freshwater in the Yangtze Delta, these...
In mid-2022, angry homebuyers across China took to the streets protesting against what they called “rotten tails,” or homes that distressed...
Imagine a tech giant wanting a strategy “reset” while its major shareholders are selling. That is Alibaba Group Holding Ltd.
China’s President Xi Jinping has tried hard explaining his governing philosophy to his comrades. His musings on everything from the economy to space...
China can be quick to point out flaws in the US economy. In recent years, state media has enthusiastically covered racial tensions and socioeconomic...
Shenzhen-based China Vanke Co., these days the country’s largest real estate developer by sales, is prudent and well regarded. It still commands an...
This must be a matter of deep frustration for President Xi Jinping. In 2015, during his first term, he conducted a thorough audit and cleanup of...
Li Keqiang, who spent a decade as China’s premier and in President Xi Jinping’s shadow, died of a heart attack in Shanghai on Friday, at the age...
The Hong Kong government seems to have finally realized it has a population problem, that the city simply doesn’t have enough people to justify its...
Forget real estate developers. The gray rhino of China’s economy, and perhaps the most lucrative trade of the year, is hidden municipal debt. By...
For decades, China’s “sea turtles” — a nickname for Chinese who returned to the motherland after years of studying and working abroad —...
China’s property sector is struggling to halt its unprecedented decline. The biggest developers have gone into default. What will happen to private...
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Due to the technical or legal reasons, readability mode is not available for this article. Thank you for your kind understanding.