The Chinese property market has been in decline in China for the last few years, with buyers reluctant to buy and lenders unwilling to lend. Caught in the middle are cash-strapped developers. But is the situation turning around – and what can creditors and investors do?
Businesses in Hong Kong are responsible for ensuring they adhere to strict civil and criminal rules and regulations, such as the prevention of fraud, money laundering and bribery, and securities laws. This is how to make sure your company complies and what to do if your business is under investigation.
The most sensitive indicator of economic health for our wallets is inflation, which may be defined as an increase in the overall cost of goods and services.
Restaurants had to pivot rapidly during Covid to survive. With life now getting back to normal post-pandemic, what lessons can be learnt and what is the outlook for the food and beverage industry? Here are three thoughts for how the sector can embrace change to sustain their businesses in the long term.
As we emerge from Covid-19 into turbulent financial times, insolvencies are on the rise and businesses are under pressure. Will the number of distressed companies increase this year – and what can they do to ride out the storm?
Financial distress can devastate a business and be costly for lenders. In this guide we will explain the differences between debt restructuring and debt recovery and which option is better for lenders. We also discuss the role of an independent financial advisor and how one may help both lenders and borrowers in distressed situations.
The world is going through a period of unprecedented uncertainty brought on by the pandemic and its consequences. For businesses affected, this is how you can weather the storm.
It usually takes seven to 12 months to complete the liquidation of a solvent company in Hong Kong. This is how the process works and why you should consider a Members’ Voluntary Liquidation if the business has fulfilled its purpose or wants to cease trading.
FOR MANY BUSINESS OWNERS, THE PANDEMIC OF 2020 IS ONE OF THE BIGGEST PROFESSIONAL CRISES THEY ARE LIKELY TO FACE EVER AS THEY TRY TO MAINTAIN REVENUES IN FALTERING ECONOMIES. BRINGING IN AN INDEPENDENT CONFLICT DIRECTOR COULD MAKE ALL THE DIFFERENCE.
THE COVID-19 PANDEMIC HAS FUNDAMENTALLY CHANGED MANY ASPECTS OF OUR LIVES, FROM THE WAY WE WORK TO HOW WE LIVE. AND IN DOING SO IT’S GIVEN RISE TO AN INCREASE IN FRAUD.
With no sign of COVID-19 abating, and with the pandemic surpassing all traditional benchmarks, businesses need to prepare for a paradigm shift in the “new normal”.
Businesses in China are reporting greater rates of internal and third-party crime but mitigating the risk is not straightforward. Is your company adequately protected?
