Open House: $77,000 a Month Rental Shows Depth of Hong Kong’s Luxury Downturn

[ad_1] The deep freeze in what was the world’s hottest property market is prompting a significant shift in strategy by home owners in Hong Kong. With prices approaching a seven-year…

Hong Kong Bankers Have Lots of Free Time, Anxiety as Deals Slump

[ad_1] Eighty-hour weeks. Multi-billion dollar deals. Huge bonuses. Until recently, life as an investment banker in Hong Kong was both intense and lucrative. These days, it’s anything but. The big…

Alibaba Shares Surge After Historic Overhaul Heralds IPO Wave

[ad_1] Alibaba Group Holding Ltd.’s US shares closed 14.3% higher after China’s online commerce leader announced plans to split its $220 billion empire into six business units, a major restructuring…

Sea’s Path to Profit Paved With Layoffs, Single-Ply Toilet Paper

[ad_1] Singapore’s Sea Banned Business-Class Flights, Luxury Perks to Cut Costs  Bloomberg [ad_2] Source link

Hong Kong Reporter Missing After Trip to Beijing, Kyodo Says

[ad_1] A reporter for Hong Kong’s largest English-language newspaper has been unreachable since traveling to Beijing last month to cover a defense forum, Kyodo News reported on Wednesday. Minnie Chan,…

Chinese Are Making a Killing Everywhere But in China

[ad_1] Taking matters into their own hands, Chinese entrepreneurs are tapping overseas markets more than they ever did in the past. They are keen to draw in new consumers, especially…

Alibaba Shock Move Casts Fresh Pall Over China Tech

[ad_1] The shocking decision by Alibaba Group Holding Ltd. to cancel the spinoff of its cloud division is offering a fresh reason for investors to sell China tech stocks in…

Who Wants to Catch Jack Ma’s Falling Knife?

[ad_1] Alibaba: Strategy U-turn, Jack Ma Selling Leave Investors Unhappy  Bloomberg [ad_2] Source link