HONG KONG—A Hong Kong court postponed until Jan. 29 a court hearing scheduled for Monday on troubled Chinese property developer Evergrande’s winding-up petition. Evergrande is trying to win support from its creditors for a plan to restructure more than $300
The lingering Evergrande crisis of over two years may be reaching a tipping point with the world’s most indebted property developer averting a potentially imminent liquidation with a last-minute adjournment of a court hearing to January, giving the property
The Economist Intelligence Unit (EIU) released its Global Cost of Living Survey this year (2023), which shows that Hong Kong ranks fifth in the global city cost of living, down from fourth last year. As a reference, Hong Kong ranked second in 2019, third
A U.S. bill aims at closing three Hong Kong representative offices in the United States, citing the former British colony’s loss of a high degree of autonomy under the communist rule, was passed by the congressional House Foreign Affairs Committee with a