HSBC has released base metals used as collateral for commodity financing by Zhong Jun Resources, according to Company Registry documents obtained yesterday.
Confidence among Hong Kong's small and medium-sized enterprises is improving but investment sentiment has fallen for two consecutive quarters, a new survey for the Hong Kong Productivity Council shows.
The Asian Development Bank trimmed its growth forecast for Southeast Asia this year by 0.3 percentage point as the region was weighed down by Thailand's political turmoil and coup, Indonesia's mineral export ban and industrial park riots in Vietnam
The number of Hong Kong exporters carrying bad debt climbed sharply to as much as 45 per cent this year from just 32 per cent last year, according to the findings of a new survey by the University of Hong Kong.