Evergrande Halts Trading Amid Growing $300 Billion Crisis
Shares of China Evergrande Group and its property management unit were suspended from trading in Hong Kong as the company struggles to manage its escalating financial crisis. The trading halt, which also affected all structured products related to the company,…
U.S. Sanctions on Hong Kong: A New Challenge for Global Banks
The recent wave of U.S. sanctions on Hong Kong has sparked concerns about its broader impact, particularly for the financial institutions that operate in the territory. On August 7, the Trump administration sanctioned 11 high-ranking Hong Kong officials, including Chief…