Bloomberg Lenovo Group Ltd. will pick up about HK$1.7 billion ($219 million) from selling out of a developer of property and parking lots in central China, striking the latest real estate deal to shore up earnings battered by shrinking smartphone sales. The world’s largest PC maker struck an agreement to sell a 49 percent stake in the joint venture ...

  Bloomberg Four planned listings on Hong Kong’s small-company exchange, known for its wild price swings, were shelved this week in the wake of a warning that participants would be more thoroughly scrutinized. Logistics provider XiangXing International Holding Ltd. said it will postpone its initial public offering on the Growth Ente- rprise Market after receiving inquiries from regulators. Local lingerie ...

  Bloomberg This may be as good as it gets for the Australian dollar, the best-performing Group-of-10 currency this year. The drivers behind the Aussie’s two-month rally are being eroded as iron ore shows signs of topping out and Australia’s yield advantage over the US shrinks. The currency is almost 5 percent overvalued based on regression analysis linking it with ...