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Hong Kong leader apologizes for deadly fire that tested Beijing’s grip on city
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Hong Kong leader apologizes for deadly fire that tested Beijing’s grip on city

#nbcnewstopstories#news#nbcnews#hong#kong

HONG KONG — Hong Kong’s leader made a rare apology Thursday for a residential fire that killed 168 people last year, announcing that a top housing official would resign after an investigation blamed corruption and regulatory failures for the Chinese…

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Citadel Tells Some Quant Staff to Relocate From HK or Quit, FT Reports
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Citadel Tells Some Quant Staff to Relocate From HK or Quit, FT Reports

Bloomberg.com·Lulu Yilun Chen·6 months ago
#lpnQgjWW
#hongkong#singapore#miami#cities#finance

Citadel has moved some of its researchers out of Hong Kong due to data security concerns, the Financial Times reported, citing people familiar with the matter.

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Family Offices Build Stake in Niche Miner After Stock Soars 900%
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Family Offices Build Stake in Niche Miner After Stock Soars 900%

Bloomberg.com·Diana Li·6 months ago
#sZW5ifvm

For decades, the risky world of early-stage mining ventures was the playground of institutional funds and commodity trading houses. But after a more than 900% rally in a little-known Canadian potash developer last year, a new class of investors is moving…

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Hong Kong helped bankroll Iran’s terror network, bombshell report claims
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Hong Kong helped bankroll Iran’s terror network, bombshell report claims

New York Post·Ariel Zilber·6 months ago
#VKbxG0LF
#china#hongkong#hsbc#huawei#iran

Dozens of Hong Kong-based companies have allegedly helped Iran evade Western sanctions while funneling billions into the hands of terror proxies.

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American tourist plunges to her  death from 29th floor of Hong Kong hotel
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American tourist plunges to her death from 29th floor of Hong Kong hotel

New York Post·Chris Bradford·6 months ago
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#deaths#hongkong#hotels#suicide#california

An American tourist has died after plunging from the 29th floor of a Hong Kong boutique hotel – and seven people on the ground were also injured.

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China’s Midea Group Raises $2.2 Billion in Convertible Bond Sale
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China’s Midea Group Raises $2.2 Billion in Convertible Bond Sale

Bloomberg.com·Dave Sebastian, Julia Fioretti·6 months ago
#FFMOo4jx
#bonds#china#hongkong#shenzhen#debt

Chinese appliance maker Midea Group Co. raised $2.2 billion from the upsized sale of dual-tranche convertible bonds with zero coupon, according to terms of the deal seen by Bloomberg News.

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Hong Kong Weathers War Shocks With Fastest GDP Growth Since 2021
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Hong Kong Weathers War Shocks With Fastest GDP Growth Since 2021

Bloomberg.com·Nectar Gan·6 months ago
#D0UPzUeE
#hongkong#economicgrowth#war#gdp#tourism

Hong Kong’s economy expanded at its fastest pace in almost five years, as old growth drivers like tourism and retail spending cushioned the blow from the global energy crisis caused by the war in Iran.

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HK Finance Chief Says City’s 2026 IPOs Have Raised $17.9 Billion
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HK Finance Chief Says City’s 2026 IPOs Have Raised $17.9 Billion

Bloomberg.com·Trista Xinyi Luo·7 months ago
#XHWndvoJ
#cities#ipos#hongkong#regulation#beijing

Hong Kong initial public offerings have raised more than HK$140 billion ($17.9 billion) this year, with the city maintaining its position as the world’s top IPO venue, Financial Secretary Paul Chan wrote in his weekly blog.

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China emerges as big winner from Supreme Court's tariff ruling

NBC News Top Stories·@JenniferJett·7 months ago
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HONG KONG — Global trade has been upended again after the Supreme Court struck down President Donald Trump’s “reciprocal” tariffs, with U.

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Hong Kong court overturns fraud conviction for pro-democracy activist Jimmy Lai

NBC News Top Stories·@JenniferJett·7 months ago
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HONG KONG — A Hong Kong appeals court overturned Jimmy Lai's 2022 fraud conviction and sentencing Thursday in a rare legal victory for the pro-democracy activist.

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