Business Recorder14h
China, HK stocks end week higher
SHANGHAI: China and Hong Kong stocks closed higher on Friday and posted gains for the week, led by a strong performance in AI ...
Shenzhen government tightens control over Vanke with management changes, document shows
The government in the Chinese city of Shenzhen has made 10 new management appointments at China Vanke , according to an ...
China Market Update: No Winners In A Trade War
Asian equities were mixed overnight as the Philippines, Taiwan, and South Korea outperformed, Thailand underperformed, and ...
Despite Presale and Margin Weakness, Government’s Interference Is Conducive to Vanke’s Liquidity
Vanke’s net debt/equity ratio has risen to over 60%, which stays above those of main state-owned peers in the sector. With additional equity raised and short-term loans repaid, the net gearing and ...
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Tencent-Backed WeBank Eyes Web3 Expansion in Hong Kong – CWEB Reports
In a bold move to capitalize on the growing Web3 market, Tencent-backed (TME) WeBank has announced plans to expand its operations in Hong Kong, leveraging its subsidiary and a substantial war chest of ...