People’s Bank of China Governor Pan Gongsheng said in June that stablecoins could revolutionise international finance ...

Cheng will "devote more time on public services and other personal commitments," the company wrote in a filing.

Adrian Cheng, a third-generation heir to Hong Kong’s third-richest clan, has fully exited the family’s troubled property ...

By Clare Jim HONG KONG (Reuters) -Shares of New World Development surged on Wednesday after the cash-strapped Hong Kong ...

China faces growing calls from policy advisers and economists to explore using stablecoins for cross-border payments, as the ...

Shares of New World Development jumped as much as 11% in early trading on Wednesday, after the Hong Kong major property ...

HONG Kong builder New World Development said on Monday it had received commitments for a HK$88.2-billion ($11.24-billion) loan refinancing package, as the property developer finalizes a crucial ...

Bloomberg’s Hong Kong reporters followed the refinancing of New World amid a wave of property distress. We also have news on ...

New World Development has secured HKD 88.2 billion in loan refinancing, easing pressure on one of Hong Kong’s most indebted developers. The package follows months of negotiations and the departure of ...

Third, to improve people's livelihood proactively. Our policy objective is to make Hong Kong a better place for living and ...

Cheng tendered his resignation as a non-executive director and non-executive vice-chairman of New World with effect from July ...