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Financial Briefs: News Digest
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AcquisitionsAlibaba’s Jack MaIn Deal for ReorientFive investors including Alibaba Chairman Jack Ma agreed to acquire a controlling stake in Hong Kong-listed Reorient Group Ltd. amid growing interest in the city’s brokerages.According to a Hong Kong stock exchange filing on Thursday, Mr. ...
China’s PBOC Said to Plan $32.7 Billion Bank Injection
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China’s central bank is said to plan the injection of about 200 billion yuan ($32.7 billion) into some national and regional lenders as Premier Li Keqiang steps up stimulus to support economic growth.The People’s Bank of China is providing funds to joint-stock banks to help them prepare ...
Here's why investment volume dropped in Q1 2015
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The market has become quieter.The Hong Kong commercial property investment market turned quieter in Q1 2015, with transaction volume falling significantly.According to a research note from CBRE, total investment turnover (including transactions worth US$10 million and above, excluding pure land site...