Fitter resigns from Sovereign

Hong Kong's finance secretary Paul Chan said the deal will "attract more cross-boundary Rmb financing and trading activities to Hong Kong".

The deal is a milestone for Kazakhstan's integration into global capital markets.

In its latest five-year plan, Saudi Arabia’s sovereign wealth fund is recalibrating its global investment strategy, pulling back from expensive prestige bets, even as it expands deeper into Asia and doubles down on long-term economic transformation.

The second foreign currency-denominated sovereign bond from China within a month has seen record popularity, and was oversubscribed 25 times.

Scott Bessent, the treasury secretary, and Howard Lutnick, the secretary of commerce, will submit a proposal to president Trump within 90 days.

Auditor resignations plus delayed financial results are bad news for Hong Kong-listed developers.