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Business 20 Apr 2022 | 7:00 AM

China developers speed up diversification

HONG KONG: Chinese developers are heeding Beijing’s call and accelerating a push into asset-light businesses such as property services and commercial real estate to cut their reliance on a high-debt, high-turnover model blamed for a liquidity crisis in the sector.

Markets 28 Mar 2022 | 7:00 AM

Trading halts loom with firms set to delay results

HONG KONG: Hong Kong stock investors are bracing for a key earnings deadline on Thursday, with dozens of firms unable to file annual results facing a possible trading halt.