Posted inAT FinanceAustraliaBeijingChinaHong KongOceaniaSingapore

Beijing’s capital controls hit usual suspects and surprising victims

Chinese investments in overseas property and entertainment assets have been hit hard by Beijing’s efforts to stem the tide of yuan outflows, with numbers this week showing the dramatic retreat from Hong Kong real estate. According to analysis from Standard & Poor’s Chinese developers won 11% of bids by value in Hong Kong government land […]