Hong Kong

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Hong Kong Regulators Tense About China Loans

A surge in business loans to the slowing mainland Chinese economy has prompted Hong Kong regulators to impose strict financial rules four years before they are required under new global standards, the International New York Times DealBook blog report ...

Daily Headline - global.abi.org - 06/10/2014 - 21:56 - 0 comments

Consultation on Resolution Regime for Financial Institutions (including Financial Market Infrastructures) in Hong Kong

(“FSB”). Attachment Size a17578893_v0 ...

Resource Article - twallace@abiwor... - 02/05/2014 - 16:18 - 0 comments - 1 attachment

Hong Kong Bidder Seeks Fast-Track Appeal In Fisker Battle

A Hong Kong businessman intensified his fight for Fisker Automotive, the bankrupt maker of the plug-in hybrid Karma sports car, seeking an immediate appeal of a ruling that had opened the door for China's Wanxiang Group as a bidder, Reuters reported ...

Daily Headline - global.abi.org - 01/15/2014 - 23:58 - 0 comments

Hong Kong Banking Watchdog Seeks Bail-In Powers

Hong Kong’s banking regulator has demanded far-reaching powers to prop up or shut failing banks, including the ability to suspend creditor rights, as it plays catch-up with western regulators trying prevent a future Lehman Brothers, the Financial Times ...

Daily Headline - global.abi.org - 01/08/2014 - 09:49 - 0 comments

Titan Readies New Proposal To Restructure Its Debt

Debt-laden Titan Petrochemicals Group, controlled by partially state-owned fuel and metals trader Guangdong Zhenrong Energy, plans to present a new debt restructuring proposal to creditors to whom it owes more than US$400 million, the South China Morni ...

Daily Headline - global.abi.org - 11/04/2013 - 23:19 - 0 comments

Rules To Give Creditors Fairer Deal

The Hong Kong government has proposed measures to provide greater protection for creditors and simplify company liquidations in the first reform of the city's insolvency laws in almost 30 years, the South China Morning Post reported. Under the r ...

Daily Headline - global.abi.org - 04/17/2013 - 22:24 - 0 comments

Two-Thirds of Hong Kong Breadwinners Lack Savings

protection for insurance company Genworth GNW +0.54%, which commissioned the survey. They’re also alarming, ...

Daily Headline - global.abi.org - 11/20/2012 - 22:27 - 0 comments

Hong Kong Taxing Homebuyers in Bubble Fight: Mortgages

The Hong Kong government’s toughest efforts yet to curb a growing asset bubble in the city’s property market probably won’t be the last as record-low mortgage rates drive demand for the world’s priciest homes, Bloomberg reported. Policy makers last month ...

Daily Headline - global.abi.org - 11/01/2012 - 22:20 - 0 comments

Bulgaria's Vivacom Gets Court Approval For Restructuring

Bulgarian telecoms operator Vivacom obtained UK court approval to proceed with a 1.7 billion euro ($2.1 billion) debt restructuring, ending two years of wrangling with lenders and failed attempts to sell the company, Reuters reported. Under a deal approv ...

Daily Headline - global.abi.org - 09/06/2012 - 22:18 - 0 comments

Hutchison Whampoa Makes Revised Bid For Eircom

Hutchison Whampoa Ltd has made a revised 2 billion euros ($2.6 billion) bid for eircom, the Irish phone company granted court protection from creditors six weeks ago, according to sources familiar with the deal. Hutchison, the parent company of 3 Mobile, ...

Daily Headline - global.abi.org - 05/09/2012 - 23:29 - 0 comments

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