ASIA NEWS 3/10

Dec 6, 20232 min read

Hong Kong Greentech Firms Showcase Innovations in the Middle East at Cop28

Hong Kong greentech firms are actively exploring opportunities in the Middle East, leveraging the region's arid climate to showcase...

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Evergrande's Reprieve: Hong Kong Court Adjourns Hearing, Grants Time for Debt Restructuring

Flexi Group

Dec 5, 20232 min read

Evergrande's Reprieve: Hong Kong Court Adjourns Hearing, Grants Time for Debt Restructuring

China Evergrande Group, grappling with a colossal $328 billion debt burden, secured yet another reprieve as a Hong Kong court adjourned a...

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Indonesia's Comprehensive Strategy Against Tax Evasion: Global Engagement and Domestic Measures

Flexi Group

Dec 4, 20235 min read

Indonesia's Comprehensive Strategy Against Tax Evasion: Global Engagement and Domestic Measures

Introduction In the evolving landscape of global finance, Indonesia has emerged as a formidable player in the fight against tax evasion....

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Chinese State-Backed Insurers Launch $7 Billion Fund to Boost Struggling Stock Market

Flexi Group

Dec 1, 20232 min read

Chinese State-Backed Insurers Launch $7 Billion Fund to Boost Struggling Stock Market

Two Chinese state-backed insurance giants, New China Life Insurance and China Life Insurance, are set to collaborate on a joint private...

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Hong Kong Stocks Set for Fourth Monthly Drop Amid China's Economic Concerns

Flexi Group

Nov 30, 20232 min read

Hong Kong Stocks Set for Fourth Monthly Drop Amid China's Economic Concerns

Hong Kong stocks are on track for a fourth consecutive month of losses, driven by concerns over China's economic slowdown as...

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CSOP's Saudi ETF Debut Strengthens Hong Kong-Middle East Financial Ties

Flexi Group

Nov 29, 20232 min read

CSOP's Saudi ETF Debut Strengthens Hong Kong-Middle East Financial Ties

The CSOP Saudi Arabia ETF, heralded as the first exchange-traded fund in Asia that tracks major companies in the Middle East, made a...

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Hong Kong Stocks Nearing Two-Week Low Amid Economic Concerns

Flexi Group

Nov 28, 20231 min read

Hong Kong Stocks Nearing Two-Week Low Amid Economic Concerns

Hong Kong stocks approached a two-week low as banks slipped on speculation of increased lending to troubled property developers. The Hang...

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Robust Demand: Australian Property Market Attracts Chinese Buyers Amidst Rising Prices

Flexi Group

Nov 28, 20232 min read

Robust Demand: Australian Property Market Attracts Chinese Buyers Amidst Rising Prices

The Australian property market remains a beacon for international investors, particularly from Hong Kong and mainland China, showcasing...

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Pansy Ho's Recent Move Raises Questions About MGM China Stake, But Sale Unlikely Amid Market Dynamic

Flexi Group

Nov 28, 20232 min read

Pansy Ho's Recent Move Raises Questions About MGM China Stake, But Sale Unlikely Amid Market Dynamic

In a strategic maneuver that has sparked speculation, Pansy Ho, co-chairperson of MGM China and daughter of Macau casino tycoon Stanley...

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Navigating Uncertainty: The Complex Landscape of Japan's Integrated Resort Odyssey

Flexi Group

Nov 27, 20232 min read

Navigating Uncertainty: The Complex Landscape of Japan's Integrated Resort Odyssey

Japan's foray into the realm of integrated resorts (IRs) unfolds as a saga marked by persistent ambiguity, featuring a narrative where...

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New World Development Launches Tender Offer for $600 Million Debt Buyback

Flexi Group

Nov 24, 20232 min read

New World Development Launches Tender Offer for $600 Million Debt Buyback

Hong Kong-based New World Development has unveiled plans to initiate a tender offer, seeking to repurchase up to $600 million of its...

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Zhongzhi Enterprise Group, Major Shadow Bank in China, Faces Insolvency Crisis

Flexi Group

Nov 23, 20232 min read

Zhongzhi Enterprise Group, Major Shadow Bank in China, Faces Insolvency Crisis

One of China's largest shadow banks, Zhongzhi Enterprise Group, has issued a warning to investors, revealing its inability to repay debts...

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Asian Online Casinos Exploiting Workers: UN Raises Concerns

Flexi Group

Nov 22, 20232 min read

Asian Online Casinos Exploiting Workers: UN Raises Concerns

Illicit online casinos operating in various Asian countries are facing accusations of exploiting vulnerable workers who seek better...

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Douyu Crisis Unveiled: CEO's Arrest, Regulatory Challenges, and Market Impact Unraveled

Flexi Group

Nov 22, 20232 min read

Douyu Crisis Unveiled: CEO's Arrest, Regulatory Challenges, and Market Impact Unraveled

In a stunning turn of events, Douyu International Holdings, a prominent video game live-streaming platform backed by Tencent Holdings,...

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Hong Kong Stocks Rally on Property Developer Support and Economic Optimism

Flexi Group

Nov 21, 20232 min read

Hong Kong Stocks Rally on Property Developer Support and Economic Optimism

Hong Kong stocks saw an upward trend, building on last week's gains, after Chinese regulators expressed their support for the financing...

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Analysts Slash Alibaba's Price Targets Following Business Plan Changes

Flexi Group

Nov 20, 20232 min read

Analysts Slash Alibaba's Price Targets Following Business Plan Changes

Analysts monitoring Alibaba Group Holding have revised down their price targets for the stock by up to 23%, resulting in an all-time low...

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Hong Kong Stocks Decline Amidst Weak Earnings Signals and Mainland Selling

Flexi Group

Nov 17, 20232 min read

Hong Kong Stocks Decline Amidst Weak Earnings Signals and Mainland Selling

Hong Kong stocks experienced a decline as mainland Chinese funds capitalized on the recent market rally before the earnings reports from...

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Chinese Home Prices Experience Steepest Drop in Almost Nine Years

Flexi Group

Nov 16, 20232 min read

Chinese Home Prices Experience Steepest Drop in Almost Nine Years

Chinese home prices in major cities have witnessed a fourth consecutive monthly decline in October, marking the sharpest drop in nearly...

348 views0 comments

Hong Kong Listed Companies Increasingly Seek External Auditors for ESG Reporting Assurance

Flexi Group

Nov 15, 20232 min read

Hong Kong Listed Companies Increasingly Seek External Auditors for ESG Reporting Assurance

Hong Kong-listed companies are increasingly turning to external auditors to assess their environmental, social, and governance (ESG)...

318 views0 comments

Market Turbulence: Hong Kong Stocks Navigate Contrasting Forces Amid Bullish Sentiments and Economic

Flexi Group

Nov 14, 20232 min read

Market Turbulence: Hong Kong Stocks Navigate Contrasting Forces Amid Bullish Sentiments and Economic

Hong Kong's stock market experienced a day of fluctuation as optimism among fund managers towards Chinese stocks clashed with concerns...

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