The Vertex developer hit with HK$770,000 fine over disclosure failures

South China Morning Post - Sep 29, 2026

The developer of The Vertex – a residential project in Cheung Sha Wan once owned by failed property giant China Evergrande Group – has been fined HK$770,000 (US$98,100) for failing to properly record transactions related to the complex. Twin City Holdings Limited was found to have violated a residential properties ordinance by failing to disclose details of payment terms – such as price discounts and other financial incentives – on sales at the development, according to a government statement...

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‘180-degree flip’ sees global investors turn to China for diversification: Pimco president

Sep 29, 2026

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DOE pushes competitive framework for nuclear power procurement

Sep 29, 2026

DOE pushes competitive framework for nuclear power procurement

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AMD acquires ‘godmother of AI’ Li Fei-Fei’s start-up as battle with Nvidia intensifies

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The Department of Energy (DOE) said Tuesday the suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene would provide direct relief to Filipino households amid elevated global oil prices.

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Shares of Shein Global Holdings fell as much as 14 per cent to a record low in Hong Kong on Tuesday after the online fashion retailer posted a 67 per cent drop in second-quarter profit in its first earnings report since listing, warning that tariff headwinds and logistics cost volatility would persist for the rest of the year. The stock sank to as low as HK$30.24 during the day and closed 10.7 per cent down at HK$31.50. Both the intraday and closing prices hit their lowest levels since the...

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