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liquidity

Chinese conglomerate Fosun International sells German private bank HAL to ABN Amro for US$731 million to boost liquidity

by Anas Siddiqui
Chinese conglomerate Fosun International sells German private bank HAL to ABN Amro for US1 million to boost liquidity

Fosun International, one of China’s largest private-sector conglomerates, has accelerated its pace of asset disposal after agreeing to sell German lender Hauck & Aufhauser Lampe (HAL) to Dutcj bank ABN …

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China Vanke units guarantee US$1.1 billion in loans for troubled developer after Fitch Ratings downgrade

by Anas Siddiqui
China Vanke units guarantee US.1 billion in loans for troubled developer after Fitch Ratings downgrade

Troubled property developer China Vanke will receive a 7.8 billion yuan (US$1.1 billion) lifeline in the form of bank loans guaranteed by its subsidiaries, a day after the company had …

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Asian investors give Saudi Arabia’s stock exchange a vote of confidence with rising activity, says Tadawul CEO

by Anas Siddiqui
Asian investors give Saudi Arabia’s stock exchange a vote of confidence with rising activity, says Tadawul CEO

Reforms implemented by the Saudi Capital Market Authority and initiatives from Tadawul Group have resulted in an uptick in the market’s overall number of registered QFIs. By the end of …

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Euclid launches layer to connect liquidity across Cosmos, Solana, and EVM chains

by Isaac Wright
Euclid launches layer to connect liquidity across Cosmos, Solana, and EVM chains

Share this article Euclid Protocol has announced today its shared liquidity layer that connects Cosmos, Solana, and Ethereum Virtual Machine-based ecosystems, powered by virtual pools created on Nibiru Chain. This …

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HSBC CEO Quinn says future tokenised products, like gold offering, will be ‘backed by something real’

by Anas Siddiqui
HSBC CEO Quinn says future tokenised products, like gold offering, will be ‘backed by something real’

Hong Kong’s largest commercial bank, HSBC, plans to expand its line-up of tokenised assets so its customers can enjoy the benefits of such digital products, but will make sure these …

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Indebted Chinese developer Zhenro asks to delay restructuring amid ‘strained’ conditions, Ping An unit’s lawsuit threat

by Anas Siddiqui
Indebted Chinese developer Zhenro asks to delay restructuring amid ‘strained’ conditions, Ping An unit’s lawsuit threat

Defaulted Chinese developer Zhenro Properties Group is seeking to postpone a restructuring plan as its liquidity woes continue amid slumping sales, slow asset disposal and the threat of a lawsuit …

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HSBC summit: digital assets market at ‘tidal point’, Hong Kong best placed to drive it forward, bank’s global strategy head says

by Anas Siddiqui
HSBC summit: digital assets market at ‘tidal point’, Hong Kong best placed to drive it forward, bank’s global strategy head says

The market for digital assets is poised to take off this year and Hong Kong is best placed to develop it further after putting in place substantial regulatory frameworks and …

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SEC’s new rules on dealers could rope in defi liquidity providers

by Isaac Wright
SEC’s new rules on dealers could rope in defi liquidity providers

The SEC is adopting stricter compliance rules for large capital investors in Treasury Markets, but some provisions seem to impact decentralized finance users. On Feb. 6, the U.S. Securities and …

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China property: Country Garden auctioning US$530 million worth of assets in Guangzhou to overcome cash crunch, defaults

by Anas Siddiqui
China property: Country Garden auctioning US0 million worth of assets in Guangzhou to overcome cash crunch, defaults

Embattled mainland Chinese developer Country Garden Holdings has put a chunk of assets on the block in Guangzhou in a bid to repay sizeable debt due within the next six …

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State-backed developer China South City averts default on July 2024 note after consent from bondholders

by Anas Siddiqui
State-backed developer China South City averts default on July 2024 note after consent from bondholders

State-backed developer China South City averts default on July 2024 note after consent from bondholders China South City Holdings averted a default on an offshore debt after winning consent from …

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