Wei Zhou

2 months ago | bloomberg.com | Wei Zhou |Pearl Liu |Trista Xinyi Luo

An investment arm of HNA Group Co., the Chinese conglomerate once known for its purchases of overseas assets, was ordered to liquidate by a Hong Kong court on Monday. The decision against HNA Group (International) Co. came after law firm Ashurst Hong Kong filed a winding-up petition against the unit in April .

Nov 26, 2024 | bloomberg.com | Wei Zhou

Hong Kong’s top court ruled that the government cannot disqualify same-sex couples from applying for public housing, marking the latest legal victory for the city’s LGBTQ community. The decision, delivered by Hong Kong’s Court of Final Appeal on Tuesday, upheld previous court rulings and marked the end of a six-year legal battle that began when resident Nick Infinger launched a judicial review against the city’s Housing Authority.

Nov 24, 2024 | bloomberg.com | Wei Zhou |Trista Xinyi Luo

A unit of Dalian Wanda Commercial Management Group Co. is proposing new terms for its dollar bonds due 2025 to extend the maturity, reflecting the Chinese company’s liquidity challenges amid the country’s property downturn. Wanda Properties Global Co. is inviting eligible holders of its $400 million, 11% guaranteed bonds to approve some amendments, including extending the maturity to Jan. 12, 2026 from Jan. 20, 2025, according to a filing with Singapore Exchange dated Monday.

Nov 18, 2024 | bloomberg.com | Wei Zhou

China’s dollar-bond market is seeing a return of big issuers, raising hopes that a market hit hard in recent years by the nation’s economic woes is reviving. Chinese companies issued a combined $7.77 billion of dollar bonds in October, more than doubling from a year earlier, according to data compiled by Bloomberg.

Nov 18, 2024 | news.bloomberglaw.com | Wei Zhou

China’s dollar-bond market is seeing a return of big issuers, raising hopes that a market hit hard in recent years by the nation’s economic woes is reviving. Chinese companies issued a combined $7.77 billion of dollar bonds in October, more than doubling from a year earlier, according to data compiled by Bloomberg. The momentum has extended into this month, with Alibaba Group Holding Ltd. planning to issue such notes for the first time since 2021 and Fosun International Ltd.