Hong Kong

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Hong Kong July Bankruptcies Fall 1.1 Percent Vs June

Hong Kong bankruptcy petitions in July fell 1.07 percent to 833 from June and were down 43.5 percent from a year earlier, government data showed on Friday, Reuters reported. The number of bankruptcy petitions totalled 5,664 for the first seven months of ...

Daily Headline - global.abi.org - 08/23/2010 - 08:16 - 0 comments

HSBC Says Hong Kong at Risk of Property Bubble

Hong Kong risks a property bubble if home prices keep rising, said Peter Wong, HSBC Holdings Plc’s chief executive officer for the Asia-Pacific region, Bloomberg reported. The Hong Kong government is trying to curb 42 percent surge in home prices since t ...

Daily Headline - global.abi.org - 08/03/2010 - 07:14 - 0 comments

Hong Kong Bankruptcies Fall 18 Percent

Hong Kong bankruptcy petitions in April fell about 18 percent from March, but were down 48 percent from a year earlier, government data showed on Thursday, Reuters reported. Petitions totalled 770 in April, down from a high of 1,872 recorded in March 200 ...

Daily Headline - global.abi.org - 05/20/2010 - 09:04 - 0 comments

China Developers Turn to Hong Kong as Lending Curbed

China’s biggest developers are borrowing record amounts in Hong Kong, taking advantage of lower interest rates to circumvent a lending crackdown at home, Bloomberg reported. While banks demand at least 5.2 percent in annual interest for three-to-five yea ...

Daily Headline - global.abi.org - 07/29/2010 - 09:36 - 0 comments

Insolvency practitioners qualifications and appointment

(Asia, Hong Kong) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Asia,Hong Kong ...

Resource Article - global.abi.org - 04/26/2010 - 08:33 - 0 comments - 1 attachment

Review of Corporate Rescue Procedure Legislative Proposals

(Asia, Hong Kong) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Asia,Hong Kong ...

Legislative - global.abi.org - 04/21/2010 - 14:08 - 0 comments - 1 attachment

HKICPA Restructuring and Insolvency Faculty Website

http://www.hkicpa.org.hk/en/cpd-and-specialization/specialist-faculties/... (Asia, Hong Kong) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Asia,Hong Kong ...

Legislative - global.abi.org - 04/21/2010 - 14:06 - 0 comments - 0 attachments

Hong Kong Bankruptcies Up 38 Percent In March

Hong Kong bankruptcy petitions in March rose 38.1 percent from February, but were down 50.1 percent from a year earlier, government data showed on Friday, Reuters reported. Petitions totalled 935 in March, down from a high of 1,872 a year earlier when th ...

Daily Headline - global.abi.org - 04/19/2010 - 10:30 - 0 comments

AIG May Sell H.K. Life Unit to Prudential Plc for $35 Billion

American International Group Inc. is in talks to sell a Hong Kong life insurance division to Prudential Plc for more than $35 billion, marking AIG’s largest asset sale since U.S. taxpayers bailed out the company in 2008, people briefed on the matter said ...

Daily Headline - global.abi.org - 03/01/2010 - 09:16 - 0 comments

Hong Kong Land Sale Raises Worry of a Bubble

Strong results in a Hong Kong government land auction are the latest sign that the city's real-estate market is surging higher after a brief lull, as government officials here and elsewhere in the region grapple with how to cool off overheating prop ...

Daily Headline - global.abi.org - 02/23/2010 - 10:44 - 0 comments

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