AI-driven Hong Kong stock inflows from mainland China slow as investor options multiply

    AI-driven Hong Kong stock inflows from mainland China slow as investor options multiply

    Mainland Chinese investors have slowed their purchases of Hong Kong-listed shares this year after last year’s record inflows, as more artificial intelligence investment opportunities have emerged in mainland markets, according to BNP Paribas. Southbound inflows via the Stock Connect cross-border system have reached about US$30 billion so far this year, a slower pace than 2025,…

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    New World secures US$11.3 billion refinancing just before deadline, averts loan default

    New World secures US$11.3 billion refinancing just before deadline, averts loan default

    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 company back from the brink of default. The refinancing package includes multiple tranches of bank loans with varying maturities, with June 30, 2028, being the earliest, the developer…

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