The challenging economic environment provides opportunities for liquidation experts, according to Derek Lai. Photo: Shutterstock

    Exclusive | Hong Kong to see more debt restructuring amid weak economy, says ‘King of Liquidation’

    Hong Kong and mainland China are set to see more corporate restructuring and liquidation in commercial real estate, restaurants and retail shops in 2026 due to the weak economy and changes in consumer behaviour, according to veteran liquidator Derek Lai Kar-yan. The challenging economic environment, however, provides opportunities for experts like Lai, 60, who is…

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    Fortune Tech: China’s Bitcoin theft blame, SoftBank’s Nvidia stake sale, Yann LeCun’s next act?

    Fortune Tech: China’s Bitcoin theft blame, SoftBank’s Nvidia stake sale, Yann LeCun’s next act?

    Good morning. I had the pleasure of hosting more than a dozen executives yesterday in a Fortune CEO roundtable discussion about how their strategies are shifting amid economic uncertainty and global complexity. We kicked things off with former Atlanta Fed president Dennis Lockhart, who outlined the state of the economy and memorably said that it…

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    Deloitte probed by UK watchdog over Glencore audits – The Irish Times

    Deloitte probed by UK watchdog over Glencore audits – The Irish Times

    The UK accounting regulator has launched an investigation into Deloitte over its auditing of Glencore, following a corruption scandal at the FTSE 100 mining and commodities trading group. The Financial Reporting Council (FRC) said on Wednesday it was probing whether Deloitte “gave sufficient consideration to the risk of noncompliance with laws and regulations” when it…

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    Chinese firms eye Hong Kong listings after mainland investors’ US$93 billion buying spree

    Chinese firms eye Hong Kong listings after mainland investors’ US$93 billion buying spree

    A slew of mainland-listed Chinese technology companies are speeding up fundraising plans in Hong Kong to capitalise on the upbeat market sentiment. Hong Kong’s equity market has been buoyed by mainland investors’ record buying of HK$731.2 billion (US$93.1 billion) of stocks in the first half of the year, according to Hong Kong Exchanges and Clearing…

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