What is China’s $138 billion bond bazooka aiming at?

China selling  These offerings are special in that the government can use them for any purpose. They are not part of the fiscal deficit, so they

China’s housing mess finally comes for Xi’s own

A third year into an unprecedented housing downturn, China’s President Xi Jinping seems to be finally getting worried, prompting speculation of quantitative easing and fueling a bull run

Behind the Hong Kong market’s fast and mysterious rally

All of a sudden, the mood in Hong Kong seems to have shifted. The $5.2 trillion stock market is on its longest winning streak since 2018, with

China’s $3.7 trillion wealth industry is plagued by sub-3% returns

Which companies may blow up and which stock indexes will nosedive? Most investors are not distressed-debt specialists and are not keen to find out. As China undergoes

Making sense of China’s magical 5.3% growth

China’s first-quarter 5.3% growth handily beat expectations and Beijing’s own target of “around 5%.” But if you ask households, companies and even the taxman, the reality on the

Spring break is more of a buzz with ‘malatang’

Powered by social media, young people in China are traveling to the far corners of the country, places that those a decade or two older had missed.

Hong Kong property tycoons are selling super call options

Do people see residential property as a utility or an investment? Hong Kong’s property tycoons are racing to find out. Consider  Wong Sun Hing is essentially

China’s Gansu luring businessmen from HK, Macau

People from the Hong Kong and Macau regions are increasingly being attracted to Gansu. This is, in part, due to the northwestern province’s rich natural

SCL awards SMEs for excellence, concludes another round oftraining

Resort operator Sands China Ltd. (SCL) highlighted its cooperation with local SMEs with an award ceremony over the weekend as well as conducting a graduation

Chinese leaders consider next steps for economy under cloudy outlook

Chinese leaders have wrapped up a two-day annual meeting to set economic priorities for the coming year, the official Xinhua News Agency said in a report Tuesday that

EU on AI regulation: Can leaders reach a deal?

The generative AI boom has sent governments worldwide scrambling to regulate the emerging technology, but it also has raised the risk of upending a European Union push to approve the

Why gas prices have fallen or remained steady for 10 weeks

It’s not just you. Across the U.S., prices at the pump have felt milder in recent months. Gas prices have fallen or remained steady since Sep. 19

Xi the Guruji and his baffled devotees

China’s President Xi Jinping has tried hard explaining his governing philosophy to his comrades. His musings on everything from the economy to space missions are required reading within the sprawling

Ping An Real Estate is China property’s new hot potato

China’s property sector is struggling to halt its unprecedented decline. The biggest developers have gone into default. What will happen to private equity that had enthusiastically bought into

China can’t clame everything on wayward billionaires

The fall of Hui Ka Yan, the founder of real estate developer China Evergrande Group and once Asia’s richest man with an  Hui, who was placed 

Finally, there’s more money than fools in China

For years, China’s netizens joked that the country was home to millions of fools with a lot of money. They were called “chives,” a healthy crop that can

Hong Kong’s billionaire debt kings are losing their mojo

The tide is turning for Hong Kong’s tycoon families. All of a sudden, the younger generation has to work a lot harder to convince banks and investors that

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