HK

Exclusive: Tencent seeks to raise stake in 'Assassin's Creed' maker Ubisoft - sources

Exclusive: Tencent seeks to raise stake in ‘Assassin’s Creed’ maker Ubisoft – sources

HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to raise its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters. China’s largest social network and gaming firm, which bought a …

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HSBC rebuffs Ping An call for break-up, arguing it would be costly

HSBC rebuffs Ping An call for break-up, arguing it would be costly

A woman wearing a protective face mask walks past a logo of HSBC bank at the financial and business district of La Defense near Paris, France May 11, 2020. REUTERS/Gonzalo Fuentes/ Register now for FREE unlimited access to Reuters.com Register HSBC to revert to paying quarterly dividends from 2023 Aims to win over investors with …

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Snowballing crisis at Evergrande, world's most indebted developer

Snowballing crisis at Evergrande, world’s most indebted developer

HONG KONG, July 29 (Reuters) – China Evergrande Group (3333.HK) will offer asset packages that may include shares in its two overseas-listed businesses as a sweetener for restructuring offshore debt, the developer said, as a stifling liquidity crisis in the property sector continues. Evergrande’s restructuring proposal came on Friday as China’s property sector, a key …

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