Hong Kong Regulator Drops Lawsuit Against UBS, Standard Chartered Over 2009 IPO

by | October 14, 2017 12:49 pm

BENGBU, China—A push by the Chinese government to ease local housing gluts and fill empty apartments is creating a different headache by driving indebted cities deeper into the red.   Under Beijing’s direction, more than 200 cities across China for the last three years have been buying surplus apartments from property developers and moving in…

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