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Hong Kong Bank Borrowing Rise May Signal Tighter Liquidity

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Overnight borrowing by Hong Kong banks jumped to the highest in almost five months, a sign that a series of interventions to bolster the local currency may be having a desired effect on the money market.



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Funding & Business

Hong Kong Jockey Club to Unload $1 Billion in Blackstone, Warburg Funds

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The Hong Kong Jockey Club is divesting as much as $1 billion in funds held with Blackstone Inc. and other buyout firms, offloading US assets amid escalating trade tensions that have intensified since Donald Trump’s presidency.



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Funding & Business

PE Firm Exponent Raises More Than €1 Billion for Flagship Fund

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European private equity firm Exponent has raised more than €1 billion ($1.2 billion) for its latest flagship fund focused on mid-market investments.



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Funding & Business

JPMorgan: China Targeting Overcapacity May lift Stocks

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Wendy Liu, Chief China Equity Strategist at JPMorgan, says Chinese policies aimed at curbing excess capacity may be positive for equities and global trade if executed right. She also sees a potential breakout from range-bound trading for Chinese stocks in the second half of this year. She discusses this with Yvonne Man and Annabelle Droulers on “Bloomberg: The China Show.” (Source: Bloomberg)



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