A bid to take private the telecommunications company PCCW hit a snag on Tuesday when Hong Kong's high court gave market regulators three weeks to investigate accusations of vote fraud — the latest twist in one of Hong Kong's most publicized corporate stories, The New York Times's Bettina Wassener writes.
Plans by Richard Li, a prominent [...]
Hong Kong shares suffered their worst daily loss in seven weeks. ||| Hong Kong - Hong Kong shares suffered their worst daily loss in seven weeks on Thursday after a preliminary private survey suggested manufacturing activity in Chin... Read Post
A Hong Kong judge will rule on Monday on whether a contested shareholder vote approving a $2.1 billion takeover of telecom group PCCW Ltd. by a shareholding group that includes the company chairman Richard Li is valid. Hong Kong's s... Read Post