Hong Kong developer New World Development (NWD) has successfully refinanced HK$88.2 billion (US$11.3 billion) of debt just before the deadline, concluding months of negotiations that pulled the ...

New World Development borrowed money for projects that people inside and outside the company have characterised as ...

Giving details of its refinancing plan, New World said it had refinanced portions of its existing offshore unsecured debt, including bank loans, through a new facility and had also ... succeeded his ...

Formally, says Klomps, the tower is “a very intuitive response to the Bank of China,” which rises to a rather staccato beat. At the Henderson, this translates into asymmetrical bulges in its glass ...

The Bank of China’s Hong Kong unit, Bank of East Asia (BEA), Hang Seng Bank and HSBC are among lenders with the biggest exposure to the city’s commercial real estate sector. Hang Seng classified about ...

Yuan internationalisation, global expansion plans of Chinese firms drive a resurgence in the city's importance, a senior executive says Hong Kong's corporate activity and yuan-driven business have ...

Hang Seng Bank has a 7% share of deposits in Hong Kong as of the end of 2023, ranking fourth in the market after HSBC with 33%, Bank of China (Hong Kong) with 16%, and Standard Chartered with 12%.