Latest News

SNB Worries About Threats Posed by World’s Lowest Interest Rate
Sun Hung Kai Disputes Report China Pressing Hong Kong Developers

Hong Kong’s biggest developer and a real estate industry group poured cold water on the notion that the Chinese government is putting pressure on the city’s developers.
Evergrande Is Likely to Default Without Direct Support, S&P Says

China Evergrande Group is unlikely to receive direct government support and is on the brink of defaulting on upcoming debt payments, S&P Global Ratings said.
Evergrande Crisis Not China’s Lehman Moment, Citi Analysts Say

Beijing will take action to prevent the China Evergrande Group crisis becoming a “Lehman Moment” for the nation, but some banks may become victims, according to analysts at Citigroup Inc.
Hong Kong Property Tycoons Take $6.7 Billion Hit on China Fears

The families behind Hong Kong’s four top property giants saw $6.7 billion wiped off the value of their assets on Monday as investors headed for the exit, fearful that Beijing will order housing price controls.

BNN