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Apple, Nike brace for China’s wrath following Huawei ban

Bloomberg US companies counting on China for a major part of their growth have targets on their backs as Beijing and Washington ratchet up trade-war tensions. President Donald Trump’s decision to blacklist Huawei Technologies Co, the Chinese maker of smartphones, while also threatening bans on other Chinese technology companies, could open the door to retaliation against US brands from hotels ...

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Alibaba’s $20 billion share sale to pressure Hong Kong liquidity

Bloomberg A planned $20 billion offering by Alibaba Group Holding Ltd would likely squeeze liquidity in Hong Kong, pushing up borrowing rates in the city and strengthening the local dollar. China’s largest company is considering a second listing in Hong Kong, people familiar with the matter said, potentially rivaling AIA Group Ltd’s initial public offering in 2010 as the city’s ...

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Hong Kong’s property shows signs of bubble

Bloomberg Noted economist and Harvard professor Carmen Reinhart has become the latest person to sound the alarm about Hong Kong, saying the city’s property market is showing signs of a bubble. “There are elements in the Hong Kong picture that are very reminiscent of Ireland, Spain, Iceland” before their crises, she told the Nomura Investment Forum Asia 2019 in Singapore. ...

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