Tag
#Tencent
Regulation
China offshore debt clampdown hits higher-yield LGFV bonds
China offshore debt clampdown is tightening refinancing for local-government financing vehicles, with offshore yield caps biting before 2027 maturities.
By Tomás Iglesias
Deals
Baidu Kunlunxin Hong Kong IPO targets $50bn valuation
Baidu Kunlunxin Hong Kong IPO reports sent Baidu shares up 7 per cent, sharpening the test of whether investors will back a $50 billion AI-chip price tag.
By Naomi Voss
Markets
China AI trade drains Hong Kong stocks’ flow lifeline
Hong Kong stocks are losing mainland capital as China’s AI trade pulls investors onshore and policy narrows offshore routes.
By Sloane Carrington
