Hong Kong’s exclusive clubs are being rocked by an economic slowdown and expat exodus

Unlock the Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Membership prices at Hong Kong’s most exclusive private clubs have fallen by as much as 20 percent on the secondary market in the past year, brokers say, as the city’s economy slows and affluent expats … Read more

Shein retains option for Hong Kong IPO as backup plan

Unlock the Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Online fast-fashion group Shein has an alternative plan to list in Hong Kong as its ambition to hold an IPO in London faces increasing criticism in the UK and China. Singapore-headquartered Shein is keeping open … Read more