China Life Insurance – Charm

Hong Kong stocks kick off trading on a strong note after US-EU trade deal

Cs news12 hours ago02 mins

Hong Kong stocks started the week on a solid note after the US and the European Union (EU) agreed on a trade deal with a lower-than-expected tariff rate that could prevent the global economy from slipping into a recession. The Hang Seng Index rose 0.6 per cent to 25,533.23 at 10.07am local time, while the…

Chinese developer Sino-Ocean’s debt plan wins court approval in UK

Cs news6 months ago02 mins

Indebted Chinese developer Sino-Ocean Group won approval for its restructuring plan from a UK court on Monday despite objections from some creditors, potentially paving the way for it to prevail in a liquidation lawsuit in Hong Kong. London’s high court approved the builder’s offshore restructuring proposal, which allows the state-backed company to overhaul some US$6…