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A succession crisis is reflecting the challenges of family-run conglomerates such as New World trib.al/W3SJnHi

One of China’s best known makeup artists, Mao Geping, becomes billionaire with the hot IPO of his skincare and cosmetics firm Mao Geping Cosmetics - the offering is subscribed more than 900 times and surged 60% at market open Tuesday bloomberg.com/news/articles/… via Bloomberg

The 25 richest families in the world collectively gained $406.5 billion in wealth this year. Here’s who made the list trib.al/G03V0PB

Check out the winners and losers - China’s billionaires are slowly starting to recover their wealth after three years of losses due to tech crackdowns, property crisis bloomberg.com/news/articles/… via Bloomberg Wealth

The frenzy over the Hong Kong IPO of Blocks Group, the popular Chinese maker of Ultraman and Transformer figurines, has made its founder a billionaire - who got the business idea from buying gifts for his kids during business trips bloomberg.com/news/articles/… via Bloomberg Wealth

A news stand owner in Hong Kong's Central District is betting that the Chinese yuan will weaken to parity against the Hong Kong dollar trib.al/nnhvOrM

Asia's 20 richest families are collectively worth $558 billion. Here's who made the list trib.al/PHuT8pL

The Henderson in Hong Kong has become a new destination for financial firms to set up shop, as the developer lures tenants away from other skyscrapers bloomberg.com/news/articles/… via Bloomberg Venus FENG Bei Hu

Hong Kong property tycoon Joseph Lau sold a fine wine collection for $9.3 million at auction, fetching more than $41,000 a bottle for some rare vintages bloomberg.com/news/articles/…

New World is selling 138 units at its project Deep Water Pavilia Saturday, offering them at a record-low price for new homes at Southside. The timing of the high-concept project is colliding with an intensifying price war gripping the market bloomberg.com/news/articles/…

Hong Kong developer Chuang’s Consortium is selling a luxury mansion in the upscale Deep Water Bay area at an almost 20% discount bloomberg.com/news/articles/…

While New World’s mounting debt has captured market attention and shaken one of Asia’s wealthiest families, smaller property firms have lenders on even higher alert bloomberg.com/news/articles/… Venus FENG Apple Ka Ying Li

A Hong Kong property clan that became one of the city’s most prolific collectors sought loans backed by their art collection including the likes of Picasso, Warhol bloomberg.com/news/articles/…

A luxury hotel in Macau envisioned by Hong Kong tycoon Stephen Hung has been sold at discount to a local investor bloomberg.com/news/articles/…

Hong Kong developer Emperor International shares fell the most this year Monday after it reported HK$16.6 billion overdue bank loans and said it’s talking to banks on a restructuring plan bloomberg.com/news/articles/…

A $2 billion wealth tussle at one of China’s largest beverage empires is unfolding in a Hong Kong courtroom bloomberg.com/news/articles/…

International buyers made a comeback to the US home market with Chinese buyers remained the largest group of foreign investors by both dollar value and number of purchases bloomberg.com/news/articles/…

More exclusive reporting on the Hong Kong court room debates between lawyers representing Kelly Zong and her half-siblings

Goldman Sachs is building up its art advisory services in Asia, as wealthy families catch up with those in the US and Europe on collections bloomberg.com/news/articles/…