By Reuters HONG KONG—A mansion belonging to embattled China Evergrande Group’s chairman in Hong Kong’s prestigious The Peak residential enclave has been seized by lender China Construction Bank (Asia), records from the Land Registry show.…
HK BUSINESS
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CHINA
Hong Kong Stocks Head for Worst Slide Since 2008 as Xi’s Tighter Grip on Power Alarms Investors
by EditorTBy Naveen Athrappully Stocks at the Hong Kong exchange suffered one of their worst days in a long time after the National People’s Congress of China confirmed Xi Jinping for a…
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By Reuters HONG KONG—Hong Kong’s economy contracted 1.3 percent in the second quarter from the same period a year earlier, government data showed on Friday, following a weak performance in external trade during…