Latest Headlines

Reporting and Analysis by David Wong.

DAVID WONG 2026-06-16

Lai Sun Seeks Note Swap to Alleviate Liquidity Pressures

Hong Kong developer Lai Sun Enterprises is attempting to ease its liquidity challenges by proposing a swap of its outstanding notes. This strategic move comes amid a challenging economic environment and aims to bolster the company's financial stability.

DAVID WONG 2026-06-15

Meta Moves to Unwind $2B Manus Deal Amid Beijing's Demands

Meta Platforms Inc. is reportedly taking steps to unwind its $2 billion deal with Manus, a significant investment in the Chinese market. This decision comes after increasing pressure from Beijing regarding foreign investments in technology.