![Hong Kong Tycoons to Sell $8.4 Billion in Assets to Cut Debt](https://cdn.newsserve.net/ONPglobe256.png)
Hong Kong Tycoons to Sell $8.4 Billion in Assets to Cut Debt
Swire Pacific Ltd. has become the second notable Hong Kong company to announce plans to offload assets in as many days as part of efforts to reduce debt in the face of rising borrowing costs. • None UBS Preparing to Cut Over Half of Credit Suisse Workforce The conglomerate announced late Wednesday…
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