Trista Xinyi Luo
@luo_trista
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Reporter @business /Tips: [email protected]/ IG: tristaxinyiluonews / Words @CoinDesk @KOMUnews/@mujschool alumđŻ/Views are mine :)
Hong Kong
Joined August 2019
The Foreign Correspondentsâ Club, Hong Kong is pleased to announce that it has chosen Trista Xinyi Luo and Samra Zulfaqar as recipients of the seventh annual Clare Hollingworth Fellowship.
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Blackstone's soured bet on Hong Kong commercial real estate offers a glimpse into the risks for global private equity funds that poured billions into the once-booming sector https://t.co/Qbnvc2MYto
@PearlLiu @luo_trista @KaYingLi
bloomberg.com
When Blackstone Inc. bet on Hong Kongâs commercial real estate sector in 2014, it bought a 20,000-square-foot retail space in the bustling Mong Kok district for HK$700 million ($90 million) to target...
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More than a year after China Evergrande Groupâs liquidators began pursing the wealth of seven key defendants, the high-profile case is now entering a critical phase https://t.co/6W80KMbQQX
@Venus_Feng @PearlLiu @luo_trista
bloomberg.com
More than a year after China Evergrande Groupâs liquidators began pursuing the wealth of key defendants, the high-profile case is now entering a critical phase.
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Unpacking our latest in-depth story about Evergande liquidationâs yearlong trial at The China Show today â HOW and WHY liquidators are zooming in on the founderâs assets in the next key phase. https://t.co/M1PkGkcpU5 via @YouTube
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The latest on China's global income tax crackdown with a new name involved: Some of @tiktok_us Chinese employees are requesting company compensation for additional taxes incurred due to their relocation to the US
bloomberg.com
Some of TikTokâs Chinese employees are requesting company compensation for additional taxes incurred due to their relocation to the US, according to people familiar with the matter.
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If you want to know how over 50 banks finally come together to seal the biggest loan ever in Hong Kong, this is a must-read. But it is a story more than just about the distressed developer New World. It is a story about Hong Kong today. https://t.co/WFh2dG8Sfj
bloomberg.com
Nobody wanted to be the banker who tipped Hong Kongâs fragile property market into crisis.
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Chinese residents with offshore investments, especially in US and Hong Kong stocks, are a key focus of the tax authorities, one of the people added.
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Tax service providers have seen a surge in inquiries in recent months from clients with less than $1 million in assets, a notable shift from last yearâs crackdown that largely targeted individuals with at least $10 million.
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Officials are now scrutinizing a broad range of offshore income, including investment returns, dividends and employee stock options, said the people, asking not to be identified discussing private information. Investment gains can be taxed as much as 20%.
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Eight months after we first broke the news, now here is the latest: China is intensifying efforts to collect taxes on citizensâ overseas income, expanding its scrutiny to less wealthy individuals after targeting the ultra-rich last year, sources say
bloomberg.com
China is intensifying efforts to collect taxes on citizensâ overseas income, expanding its scrutiny to less wealthy individuals after targeting the ultra-rich last year, according to people familiar...
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SCOOP: Hong Kong developer New World is seeking a loan of up to $2 billion using one of its most valuable assets as collateral, sources say https://t.co/Ltyl1HQcb0 via @markets
bloomberg.com
Hong Kong developer New World Development Co. has proposed using one of its most valuable assets, Victoria Dockside, as collateral for an additional loan of as much as HK$15.6 billion ($2 billion),...
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A growing number of builders that passed a seemingly key stage of restructurings in getting court approval for their plans are heading back to square one https://t.co/rmDPEtYwxp via @business
bloomberg.com
Creditors owed around $150 billion by defaulted Chinese developers always stood to get just pennies back, but many are finding that even after a debt plan is agreed itâs not necessarily a done deal.
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A fun side job to cover family feud đ
The administrators of Stanley Ho's estate are bringing 18 of his descendants to court to ensure payment of costs and expenses related to another court case involving his late sister's estate executor https://t.co/mcy1zq3DUu via @business @luo_trista @PearlLiu
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LATEST BIG TAKE: China's long-running property crisis that's hobbled its economy and created a near $160 billion pile of distressed debt is sliding into a dangerous new phase https://t.co/ASBXN2YqeK via @markets
bloomberg.com
Risks grow as authorities are forced into a first mainland rescue and iconic Hong Kong developer New Worldâs bonds sink into distress.
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Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses
bloomberg.com
Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses.
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My Latest: Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses https://t.co/hlgQwcWdpu via @markets
bloomberg.com
Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses.
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This high-profile Singaporean bank has beefed up its wealth management team to cater to rich Russians at a time when many global banks are shunning the business https://t.co/weS6d2ac9k with @ChanyapornC @luo_trista
bloomberg.com
DBS Group Holdings Ltd. has beefed up its wealth management team to cater to rich Russians at a time when many global rivals are staying away from the business amid concerns over widening sanction...
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China Mobile Hong Kong is in talks to buy commercial property in Hong Kong once owned by struggling tycoon Chen Hongtian, sources say
bloomberg.com
China Mobile Hong Kong is in talks to buy commercial property in Hong Kong once owned by struggling tycoon Chen Hongtian, according to people familiar with matter.
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SCOOP: Eleven months after being seized by creditors, two mansions tied to Evergrande's founder continue to seek buyers at big discounts https://t.co/eaKAOq8Hxc via @wealth
bloomberg.com
Eleven months after being seized by creditors, two adjacent mansions tied to China Evergrande Groupâs founder Hui Ka Yan continue to seek buyers at big discounts.
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China has begun enforcing a long-overlooked tax on overseas investment gains by the countryâs ultra-rich, according to people familiar https://t.co/H0789ZJwJK via @wealth @luo_trista
bloomberg.com
China has begun enforcing a long-overlooked tax on overseas investment gains by the countryâs ultra-rich, according to people familiar with the matter.
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