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China Vanke Shares Jump
China Vanke's Hong Kong shares climb after reshuffle of top management
Property developer China Vanke's Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its liquidity risks. State-backed China Vanke said on Monday that Chairman Yu Liang and CEO Zhu Jiusheng have stepped down,
China Vanke Shares Jump as Management Reshuffle Raises Government Bailout Hopes
Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer. The company's stock gained as much as 14% to HK$6.43 in early trade in Hong Kong on Tuesday,
China Vanke’s management reshuffle signals bailout for troubled developer, analysts say
Support for Vanke could see banks extend loans, reduce discounts on asset sales and boost homebuyers’ confidence, CGS’ Raymond Cheng says.
China Vanke's shares jump on fresh state support, management reshuffle
A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as investors cheered the removal of near-term default risks and hoped it would bring some stability to the struggling property sector.
17h
Balls, soup, stir-fry, wine: See how Hong Kong celebrates snake
The Year of the Snake is a perfect time to try snake soup at one of Hong Kong’s family-run restaurants. Artisan Setaro is the ...
1d
on MSN
Hong Kong’s Blue Pool Capital Buys Minority Stake in Super-Star Sneaker Maker
Golden Goose, the maker of the Super-Star sneakers brand, said Hong Kong investment firm Blue Pool Capital acquired a ...
2d
In China, Government Data on Drugs Blocked From Public After Backlash
Criticism over how the Chinese government buys drugs for its public health care system has ignited frustration over the ...
Hong Kong Free Press
1d
‘Let’s talk about something else’: China’s AI chatbot DeepSeek answers questions on Hong Kong, Tiananmen crackdown
China's AI bot DeepSeek censored answers about Hong Kong's protests, Taiwan's status and other topics when asked questions by ...
1d
on MSN
China and India agree to resume direct commercial flights for first time in five years
China and India have agreed to resume direct commercial flights, in the latest sign of an easing of tensions between the ...
1d
on MSN
DeepSeek and ChatGPT Answer Sensitive Questions About China Differently
DeepSeek's chatbot's answer echoed China's official statements, saying the relationship between the world's two largest ...
1d
Even China’s Property Stalwart Isn’t Immune From the Crisis
Troubles at Vanke raise questions about the continued spread of the property crisis and whether the Chinese state will step ...
19h
China Market Update: Year Of The Dragon Slayed The Bears
It was a quiet night as DeepSeek was by far the topic du jour in the region, though Mainland China (closed until next ...
AFP on MSN
3d
Once almost abandoned, remote village of Kuk Po benefits from Hong Kong gov’t tourism push
Tourists in Hong Kong are flocking to the 300-year-old village of Kuk Po, whose decaying mansions offer a respite from the ...
1d
DeepSeek offers no new answers to China’s AI bind
DeepSeek has triggered a dramatic rethink on artificial intelligence spending around the world, except perhaps in China. The ...
11h
on MSN
Year of the Snake: Hong Kong firms use lai see envelopes as marketing tool in digital era
HSBC and ICBC (Asia) promote milestones using lai see envelopes, while the newly rebranded Hong Kong Gold Exchange sends out ...
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