Pearl Liu

(Bloomberg) -- Beijing summoned the US's top envoy to Hong Kong after the consulate posted an alert about new rules giving authorities power to

China Evergrande Group’s liquidators have selected Guangdong Provincial Tourism Holdings Co. to enter exclusive talks to acquire a majority stake in the developer’s property management unit, people familiar with the situation said, as they try to claw back some money from one of the country’s most significant corporate collapses.

Flow Capital Partners plans to offer its $150 million private credit fund on a Singapore-based blockchain platform by month end, positioning itself among the first Asian managers to tap growing stablecoin liquidity.

Chinese creditors who have struggled to recover funds from distressed property developers on the mainland are increasingly turning to Hong Kong courts in their quest for repayment.

A small group of bankers in Hong Kong tasked with cleaning up the city’s unprecedented pile of bad debt is done playing nice.

China Evergrande’s liquidators head to court on Monday for the opening hearing of their lawsuit against PricewaterhouseCoopers International Ltd., in a case that will test the scope of claims against auditors of insolvent companies.

Among the largest corporate claims ever sought in the city. China Evergrande's liquidators are seeking 57 billion yuan ($8.4 billion) in

China Evergrande's liquidators are seeking 57 billion yuan ($8.4 billion) in their lawsuit against PricewaterhouseCoopers International Ltd. and its mainland China and Hong Kong affiliates, among the largest corporate claims ever sought in the city.

The operator of the Sogo department stores in Hong Kong has less than a month to refinance a loan coming due, people familiar with the matter said, adding to a growing list of firms in the city pushed into last-minute negotiations in the aftermath of a property downturn.

Jardine Matheson Holdings Ltd. is considering selling more assets as part of an overhaul to transform the conglomerate into an investment firm with a focus on higher growth areas, according to people familiar with the matter.