Hong Kong Developer Plans Creditor Haircuts in Bid to Shore Up Finances

Hong Kong plans to ease rules to encourage crypto trading activity in the city. Crypto trading platforms licensed by the Hong ...
Flickering Myth

Godzilla x Kong’s Skar King gets Stylist Series collectible figure from Hiya Toys

Hiya Toys has officially unveiled its Skar King statue, a six-inch Stylist Series rendition of the villainous Titan from the ...
The Economist

China places a Hong Kong-sized bet on Western decline

A FTER 110 years of existence, the tiny Jamia Mosque in Hong Kong is safe from a developer’s wrecking ball. Declared an official monument in 2022, the landmark can probably thank geopolitics for its ...
The Edge Singapore

Hong Kong developer New World to raise US$1.9b of new debt for liquidity

The company will raise as much as US$1.6 billion in new perpetual securities and US$300 million in fresh notes.

New World, Vanke Debt Moves Shake Up China’s Property Sector

New World Development Co. and China Vanke Co., two of the most closely watched distressed Chinese property names, are again ...

New World Development launches up to $1.9 billion debt exchange offer

Hong Kong property developer New World Development has launched a debt exchange offer of up to $1.9 billion, aiming to restructure its outstanding perpetual securities, it said in an exchange filing ...