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Sing Tao Daily gets a new co-owner after Kaisa magnate's daughter sells half of her controlling stake to scion of Hong Kong's 'Toy King'

The sale was much needed by Kaisa, which ranks as the second-largest Chinese debtor on the offshore bond market, with US$11.4 billion of outstanding bonds and US$200 million of perpetual notes due in 2026. ....

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Hong Kong firms scoop up properties from Chinese developers in distress

HONG KONG - After years of expansion in Hong Kong, cash-strapped Chinese developers are reducing their presence in one of the world's most expensive property markets, allowing firms in the financial hub to scoop up some of their assets at distressed prices. Developers including China Evergrande Group and Kaisa Group Holdings Ltd, struggling under billions of dollars in debt, have. ....

Tuen Mun , Hong Kong General , Hong Kong , Kwai Chung , Francis Choi , Tom Ko , Cushman Wakefield Hong Kong , Reeves Yan , Kaisa Group Holdings Ltd , Haoyuan Group , World Development On , China Evergrande Group , Kai Tak , Far East Consortium , New World Development , China Overseas Land ,