March 8 (Reuters) - UK's Jupiter Asset Management is considering offloading 1 billion pounds ($1.28 billion) of its funds as one of its star managers prepares to leave the firm later this year, the Financial Times reported on Friday. David Lewis, a manager of Jupiter's Merlin portfolio said during an investor roadshow this week that the firm was considering pulling...

BEIJING (Reuters) -China's pure electric vehicle sales slowed in January-February from the same period a year earlier, industry data showed on Friday, as competition intensified with market leader BYD heading a deeper round of price cuts. Sales of battery-powered EVs rose 18.2%, cooling from 20.8% for all of 2023, showed data from the China Passenger Car Association. That partially mirrored...

SYDNEY (Reuters) - China Evergrande's ( EGRNQ ) liquidators have hired three law firms to advise on the troubled property giant's winding-up process, according to sources with direct knowledge of the matter. Global firm Clifford Chance and Hong Kong firms Tanner De Witt and Karas So were mandated recently to provide legal advice on the liquidation, which has been under...

HONG KONG (Reuters) - A Hong Kong court adjourned a hearing to liquidate Chinese property developer Kaisa Group to April 29 after a bond trustee, instructed by a major group of dollar bondholders, replaced the original petitioner. The latest development came after Broad Peak Investment, which filed the winding-up petition in July in relation to non-payment of onshore bonds worth...